Financial Times – Beyond Brics 13 May 2103
Question: What’s the link between a national airline, a global-brand ski factory and an organic flour producer?
Answer: none at all, except in Slovenia, where any half-aware citizen would immediately recognise them as state-owned companies being prepared for privatisation to raise the cash to bail out Slovenia’s heavily indebted banks and balance the national budget.
Adria Airways, Elan (the ski maker) and Žito (the bakery and flour specialists) are all in the mix to raise dough and keep the troika away from Slovenia’s door – as announced last week by the government of Alenka Bratušek.
Other companies on the block include Slovenia Telekom and NKBM, the country’s second largest (and loss-making) bank, and Aero – an adhesives and coatings maker that makes a point of employing disabled people.
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