Istrabenz is a Slovenian
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
, one of the largest in
Slovenia
Slovenia ( ; sl, Slovenija ), officially the Republic of Slovenia (Slovene: , abbr.: ''RS''), is a country in Central Europe. It is bordered by Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the southeast, an ...
with a total of 73 companies under its management.
Activities
* Food (24 companies): Droga Kolinska d.d., Grand Kafa AD Beograd, Štark AD Beograd, Palanački Kiseljak AD Smederevska Palanka
* Investments (10 companies)
* Tourism (8 companies): Istrabenz Marina Invest d.o.o., Istrabenz Turizem d.d. Portorož, Marina Koper d.o.o., Istrabenz Hoteli d.o.o. Portorož, Imperial Palace d.o.o.
* Energy (18 companies): Instalacija d.o.o. Koper
History
Istrabenz entered the
Ljubljana Stock Exchange
Ljubljana Stock Exchange or LJSE ( sl, Ljubljanska borza ) is a stock exchange located in Ljubljana, Slovenia. It is Slovenia's only stock exchange. The exchange trades shares of Slovenian companies, as well as bonds and commercial papers. The on ...
in 1997.
Istrabenz financed the growth of
Openad until the holding ran out of cash in 2008.
From 2002 to 2009, the company was headed by
Igor Bavčar
Igor Bavčar (born 28 November 1955) is a Slovenian politician and manager. He rose to prominence during the Slovenian spring, when he served as chairman of the Committee for the Defence of Human Rights, the largest independent civil society mo ...
, Slovenia's former interior minister. In September 2009, Igor Bavčar was detained on suspicions of corruption and money laundering while he was head of Istrabenz.
In July 2010, Istrabenz sold major food manufacturer
Droga Kolinska to
Atlantic Grupa
Atlantic Grupa d.d. is a Croatian multinational company whose business operations include the production, development, sales and distribution of consumer goods with simultaneous market presence in over 40 countries around the world.[Kempinski Palace Portorož
Kempinski Palace Portorož, until 2008 known as Palace Hotel ( sl, hotel Palace), is a five-star deluxe hotel in Portorož, a settlement on the Adriatic coast in southwestern Slovenia. It is the only deluxe hotel in Slovenia.
Architecture
The ...]
for $25 million. In March 2016, Istrabenz Turizem sold the Grand Hotel Adriatic in
Opatija
Opatija (; it, Abbazia; german: Sankt Jakobi) is a town and a municipality in Primorje-Gorski Kotar County in western Croatia. The traditional seaside resort on the Kvarner Gulf is known for its Mediterranean climate and its historic buildings r ...
to Croatian company Teri-trgovina as part of a disinvestment program.
In June 2016, Istrabenz sold the remaining 51% it held in Istrabenz plini (gas subsidiary) to Italian .
References
External links
Company website
Holding companies of Slovenia
Oil and gas companies of Slovenia
Conglomerate companies established in 1948
Food and drink companies of Slovenia
Hospitality companies of Europe
Hospitality companies established in 1948
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