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Wednesday, October 4, 2023

Government approves SSH capital increase to exercise pre-emptive right in Sava sale

By: P.T., STA

The government decided in a correspondence meeting to increase the capital of Slovenia’s custodian of state assets, the Slovenian Sovereign Holding (SSH), by a sum that will allow it to exercise its pre-emptive right to purchase private fund York’s share in Slovenian tourism company Sava.

The SSH is expected to endorse this course of action on Friday, and the KAD fund already announced it will go down this route as well. The centre-left opposition and Economy Minister Zdravko Počivalšek welcomed the government’s decision, but the former remained sceptical.


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