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Slovenia names new CEO of state privatisation coordinator SDH

Wed 22nd February, 2017 5:23pm
LJUBLJANA, Feb 22 (Reuters) - The supervisory board of the 
Slovenian Sovereign Holding (SDH), a state-owned body which 
coordinates privatisations and manages state firms, named Lidija 
Glavina as its new chief executive on Wednesday, SDH said in a 
statement. 
    Glavina replaces Marko Jazbec who resigned in July over 
disputes regarding the management of the country's only port, 
state-owned Luka Koper  LKPG.LJ .  urn:newsml:reuters.com:*:nL8N19N2A7 
    Glavina is an economist who has acted as temporary head of 
SDH since Jazbec's resignation. 
    SDH will coordinate the privatisation of the country's 
largest bank Nova Ljubljanska Banka (NLB), which is due to be 
completed by the end of this year in line with European 
Commission demands.  
    The country plans to sell 75 percent of NLB through an 
initial public offering and keep the rest of the bank in state 
hands to retain a say in key business decisions. 
    SDH also plans to sell majority or minority stakes in 17 
other companies, among them metal products maker Unior  UKIG.LJ  
and prepare the sale of the country's third largest bank Abanka, 
which is due to be completed by the middle 2019.  
     
 
 (Reporting By Marja Novak, editing by David Evans) 
 ((Marja.Novak@thomsonreuters.com; +386-1-5058805; Reuters 
Messaging: marja.novak.thomsonreuters.com@reuters.net)) 
 
Keywords: SLOVENIA PRIVATISATION/
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