Slovenian stock exchange sold

The Vienna stock exchange has purchased the majority stake in the Ljubljana exchange. The owners of the Slovenian exchange, including the two state-owned banks NLB and Nova KBM, are delighted with the deal. The Slovenian daily Vecer comments: "So what does the future look like for Slovenia's only stock exchange? Officially the buyer has promised to keep its headquarters in Slovenia for at least another ten years and to invest in the development of Slovenia's capital market for at least the same period. However the fact is that promises are one thing, but the owners of the Viennese exchange expect those in Ljubljana to generate high profits. The question is how to achieve this. In the circles around those who sold the majority share the Greeks were regarded as the favourite for the purchase right up to the last moment, but in the end the Austrians reached deeper into their pockets than expected. However this is understandable because no doubt they will use the Ljubljana exchange to purchase other exchanges that have emerged in the territory that once belonged to the former Yugoslavia."

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