Ljubljana related

17 Sep 2018, 15:03 PM

STA, 17 September 2018 – The Chinese firm Hisense, which acquired 95.4% in Gorenje earlier this year, has decided to squeeze out the remaining minority shareholders of the Slovenian household appliance maker. The group will delist Gorenje from the Ljubljana and Warsaw stock exchanges. 

31 Aug 2018, 09:38 AM

STA, 30 August 2018 - After acquiring the household appliances manufacturer Gorenje, China's Hisense is planning to build a TV manufacturing plant in Velenje, Slovenia, in an investment that Gorenje CEO Franjo Bobinac says will create several hundred new jobs. 

27 Aug 2018, 08:55 AM

STA, 24 August 2018 - Household appliance maker Gorenje reported on Friday a 3.5% drop in half-year sales revenue at group level to EUR 602.3m and a net profit of EUR 400,000, which is about a tenth of that in the same period last year. 

16 Aug 2018, 12:19 PM

STA, 16 August 2018 - The Velenje-based household appliances maker Gorenje, which is in 95% ownership of China's Hisense, expanded its management board on Thursday with six representatives of the owner, with Franjo Bobinac staying at the helm of the management board. Hisense also announced to withdraw Gorenje from the Ljubljana Stock Exchange. 

07 Aug 2018, 14:41 PM

STA, 7 August 2018 - The European Commission approved the acquisition of Slovenian household manufacturer Gorenje by China's Hisense Group on Tuesday, finding the takeover would raise no competition concerns. 

28 Jun 2018, 11:36 AM

STA, 28 June - The Chinese-owned Hisense Luxembourg Home Appliance Holding has acquired a 62.46% stake in household appliance maker Gorenje in a takeover bid between 29 May and 26 June. The firm now owns 95.42% in Gorenje, as it had acquired 32.96% of the company's shares before the bid was published. 

09 Jun 2018, 08:11 AM

STA, 8 June 2018 - Japan's Panasonic has accepted the takeover bid by Hisense Luxembourg Holding of the Chinese group Hisense and is to sell its entire 10.74% stake in Gorenje, the Slovenian household appliances maker announced in a press release on Friday. 

29 May 2018, 12:00 PM

STA, 29 May 2018 - The company Hisense Luxembourg Home Appliance of the Chinese group Hisense published a takeover bid on Tuesday for the household appliances maker Gorenje. It is offering 12 euro per share for the 67% of the company it does not already own. 

23 May 2018, 11:24 AM

STA, 23 May 2018 - China's Hisense, which published its intent for the acquisition of Gorenje on 11 May, acquired more than 20% of the household appliance maker outside of the stock market in recent days and currently holds a 22.56% stake, the business daily Finance reports today. 

11 May 2018, 10:50 AM

STA, 10 May 2018 - Slovenian's household appliances maker Gorenje saw its first quarter group net profit increase by 23.5% year-on-year to EUR 2.5m as revenue rose by a mere 1% to EUR 296m. 

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