Programme of the Ministry of the Economy 2007

PRIVATISATION PROJECTS
Privatisation of Telekom Slovenije, d. d.
The Commission for the Sale of the State’s Stake in Telekom Slovenije was appointed to make
the necessary preparations for the implementation of the strategic guidelines adopted by the
Government. In line with these strategic guidelines and the decree which sets down the manner
for the sale of the equity investments of the Republic of Slovenia, a due diligence of Telekom
Slovenije will be carried out and the company appraised. The Commission and the Ministry of
the Economy plan the completion of the international tender for the carrying out of the due
diligence, appraisal and consultancy in February 2007. The consultancy involves multiple tasks,
foremost among them the international tender and a draft of the contract. We expect that the
international tender for the sale of the State’s stake in Telekom Slovenije will be published in
June 2007, while the entire procedure is scheduled for completion by the end of 2007.
Privatisation of Slovenska industrija jekla - SIJ, d. d. (Slovenian Steel
Group), RSCM - Gradbeni materiali Mežica, d. o. o. and NAFTA Lendava,
production of oil derivatives, d. o. o.
The Ministry of the Economy is this year wrapping up the procedures for the sale of the State’s
equity investment in the holding Slovenska industrija jekla, d. d. The purpose of the sale,
which is planned for completion in March 2007, is to raise efficiency and competitiveness of
the Slovenian steel industry by improving business operations, creating an appropriate
ownership structure and maximising the proceeds. According to plans, the procedure for the
sale of the stake in RSCM - Gradbeni materiali Mežica, d. o. o. will also be completed this year.
The programme for the sale of the equity investment in Nafta Lendava, d. d. meanwhile
envisages the publication of an international tender in March.
Privatisation in the electrical energy sector
In addition to the current equity management tasks, the Ordinance on the programme of
selling financial and physical assets of the State in 2007 and 2008 envisages the following
privatisation activities in the electric energy:
Sale of the stake in TE-TO Ljubljana
Sale of seven subsidiaries of RTH, d. o. o. – Trbovlje-Hrastnik Coal Mine (Fortuna-PIL,
d. o. o., Trbovlje; Spekter, d. o. o., Trbovlje; Domex, d. o. o., Hrastnik; Rudar Senovo,
d. o. o., Senovo; M&P, d. o. o., Trbovlje; Gratex, d. o. o., Laško; Toplarna Hrastnik, d. o. o.,
Hrastnik);
Talum, d. d., Kidričevo.
The main goals of privatisation in the electric energy sector include: improving the
competitiveness of companies in the industry on regional and European markets; improving
efficiency through an active role of private investors; and increasing activities for investment
in new sources crucial for long-term, reliable, economical and environmentally friendly energy
which will reduce dependence on energy imports.
31