Trisha Shetty (Editor)

Istrabenz

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Type
  
public company

Key people
  
Igor Bavčar, CEO

Number of employees
  
4,722 (2007)

Headquarters
  
Koper, Slovenia

Industry
  
Conglomerate

Revenue
  
US$941 million (2007)

Website
  
www.istrabenz.si

Founded
  
1948

Subsidiaries
  
Istrabenz Marina Invest, Istrabenz Turizem, d.d.

4 krog 2016 2017 1 a drl mo ki mrd dobova rd istrabenz plini izola


Istrabenz is a Slovenian holding company, one of the largest in Slovenia with a total of 73 companies under its management.

Contents

6 krog 2016 2017 1 a drl mo ki rk dol tki hrastnik rd istrabenz plini izola


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 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, 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 for €382 million.

    In September 2015, Istrabenz sold the Kempinski Palace Portorož for $25 million. In March 2016, Istrabenz Turizem sold the Grand Hotel Adriatic in Opatija 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 SIAD.

    References

    Istrabenz Wikipedia