What the Papers Say: Thursday, May 10 2018

By , 10 May 2018, 08:36 AM News
What the Papers Say: Thursday, May 10 2018 toolstotal.com cc by 2.0

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Below is a review of headlines in Slovenian dailies for Thursday, 10 May 2018, as prepared by the STA

DELO

Iran nuclear deal
"Playing with fire and Slovenian economy": The announced withdrawal of the US from the nuclear deal with Iran and looming sanctions are expected to affect business of Slovenian companies in Iran. (front page, page 3)

Gorenje takeover
"Panasonic most looking forward to Chinese": Japan's Panasonic, which opted not to increase its stake in household appliance maker Gorenje last year, will triple its investment in Gorenje in the next five years if China's Hisense, which offers EUR 12 per share, manages to take over the Velenje-based company. (front page, page 8)

History
"Russians celebrated 73rd Victory Day": The 73rd Victory Day, the holiday commemorates the surrender of Nazi Germany in 1945, was marked in Moscow yesterday with the traditional military parade, at which almost 160 various types of weapons and military equipment were presented. (front page)

DNEVNIK

Elections
"Erjavec and Janković establishing a left bloc": Ljubljana Mayor Zoran Janković, the head of Positive Slovenia (PS), and head of the Pensioners' Party (DeSUS) Karl Erjavec signed yesterday an agreement establishing a "left bloc", calling on other left parties to join the initiative. (front page, 2)

Iran nuclear deal
"Europe salvaging what Trump has messed up": US President Donald Trump having signed a memorandum on the withdrawal of the US from the nuclear deal with Iran, it is now up to Europe to salvage the situation, as the fate of the deal has become uncertain. (front page, page 14)

Gorenje takeover
"Chinese: We'll give you twice as much if you sell a majority stake": China's Hisense is offering EUR 12 per share for household appliance maker Gorenje, which is almost twice as much as Gorenje share was worth on the Ljubljana Stock Exchange yesterday. (front page, page 5)

FINANCE

Gorenje takeover
"Chinese scuffle for Gorenje?": The paper senses that there could be a bidding war among three Chinese bidders as household appliance maker Gorenje is leaning towards Hisense, which has offered EUR 12 per share for the Velenje-based company. (front page, page 4-5)

Economy
"Is Slovenia's economic growth sustainable?": The participants of the Financial Conference in Portorož have agreed that Slovenia's economic growth is not sustainable in the long run at the current pace, because the population is ageing and is 20% less productive than Austrians (front page, page 2-3)

Transport
"How businessmen from Štajerska and Primorska are building a new bus group": Sandi Brataševec, the director of bus operator group Nomago, speaks for Finance in an interview about the planned takeover of tour operator STA Potovanja and bus operator Rižana. (front page, page 12-13)

VEČER

Lent festival
"Festival returning to Drava": The 26th Lent Festival will again have its main stage on the Drava river in Maribor after a few years of absence, opening with a Swan Lake ballet production on 22 June. (front page, page 12-13)

Football
"End of Maribor's winning streak": The six-game wining streak of reigning football champions Maribor ended last evening in Domžale, with the home team eking out a 1:1 draw. Five rounds to go, Maribor and Olimpija sit firmly at the top of standings with the same number of points. (front page, page 23)

Gorenje takeover
"Asian scuffle for Gorenje?": As China's Hisense has offered EUR 12 per share for household appliance maker Gorenje, the paper wonders whether the remaining two Chinese bidders will raise their stakes, and whether the state ends up with a minority stake. (front page, page 4).

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