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January 2018
Wednesday, 31st January 2018
Smart approach to building smart factories – step by step
Digital transformation requires a lot of financial investment, time, and inter- and intradisciplinary, which is why Gorenje Group is addressing it in a very deliberate and gradual manner.
Monday, 29th January 2018, Munich, Germany
HEAD and Gorenje present a new line of appliances supporting a healthier lifestyle
At the ISPO Munich, the world’s largest international multi-segment exhibition for the sports industry, Gorenje and HEAD presented a new edition of Nutri Sport blender and connected kitchen scale to support a healthy and active lifestyle. The ISPO Munich takes place from 28th to 31st of January 2018, while the new small domestic appliances from the HEAD by Gorenje line will be available in spring 2018..
Wednesday, 24th January 2018, Velenje, Slovenia
Gorenje adopts resolution to issue commercial paper and starts the commercial paper offering
The company GORENJE d.d., Partizanska cesta 12, SI-3320 Velenje (hereinafter referred to as Gorenje d.d. or the Issuer or the Company), hereby informs the public that the Company Management Board adopted on January 24, 2018, a resolution to issue commercial paper, based on which the Company will issue commercial paper with a total face value of up to EUR 15,000,000.00, in denominations of EUR 1,000.00. The Issuer reserves the right to either increase or decrease the total face (nominal) value of the issue. The purpose of the issue of commercial paper is seasonal financing of operations, consistently with the cash flow dynamics within the year, and diversification of short-term financing sources. Interest rate on commercial paper is 1.90% p.a. The interest accrual period starts on February 1, 2018, and the principal of commercial paper shall be due for payment on December 21, 2018.
Friday, 19th January 2018, Velenje, Slovenia
Gorenje planning a sixth issue of commercial papers
Gorenje, d.d., is planning a sixth issue of commercial papers, with start of interest accrual date February 1, 2018 and maturity date December 21, 2018. Gorenje will use the proceeds from the commercial papers issue for diversification of short-term financing, primarily for financing the seasonal operations, in accordance with the interim cash flow dynamics, and optimization of funding costs.
Thursday, 18th January 2018, Velenje
Invitation to Apply for Nomination for a Supervisory Board Member Position
The term of office of the seven present members of the Supervisory Board/Representatives of Shareholders of Gorenje, d.d., Velenje, will expire on the 20th July 2018. The Supervisory Board of Gorenje, d.d., Velenje, therefore invites all interested candidates to submit their applications for nomination for a Supervisory Board member position by 7th February 2018. The four-year term of office of all newly appointed members will begin on 21th July, 2018.
Friday, 12th January 2018, Velenje
Gorenje Management Board with two new members in the next term of office
At the session held on January 11, the Supervisory Board was presented the decision by the Gorenje President and CEO not to propose two current Management Board members, Branko Apat and Peter Kukovica, for appointment to the Management Board in the next term of Office and approved such decision.
Friday, 12th January 2018, Velenje
Gorenje's 2017 revenue the highest in five years, 10-percent growth of core activity budgeted for 2018
Gorenje Group accomplished its goal in terms of revenue in 2017, with the figure estimated at EUR 1.307 billion, which is nearly 4 percent more than in the year before. Contributing the most to such revenue growth were sales in the markets of Russia, Ukraine, the Netherlands, the Middle and Far East, the USA, Asia, and Australia. Operating profit reached EUR 21.7 million, and the Group's bottom line for the year was net profit of EUR 1.2 million. Performance in the year was considerably affected by numerous measures for mitigating the negative market conditions, particularly growth of raw and processed materials, which affected the profitability especially in the second half. In 2018, we are planning further growth of revenue and net profit. Consistently with our strategic policies, we shall continue to step up our sales in the markets beyond Europe, while consolidating our market shares in major European markets and increasing the shares of innovative and premium appliances.
Wednesday, 10th January 2018, Velenje
Gorenje's response to Philip Sluiter's allegations at the Shareholders Assembly
During his speech at the Gorenje d.d. Shareholders Assembly, shareholder and former management member Philip Sluiter accused the Management Board and the President and CEO Franjo Bobinac of unlawful conduct and fraud (which is the exact English term he used) regarding the loan to the company Intersolar in 2008. The company and its management strongly reject Philip Sluiter's allegations and hereby provide the following explanations in this respect:
Tuesday, 9th January 2018, Velenje
Gorenje shareholders did not vote in favour of replacement of two Supervisory Board members at the extraordinary general meeting
At the 25th Shareholders Assembly of the company Gorenje d.d., the shareholders did not vote in favour of the proposal to replace the Gorenje Supervisory Board chairman Marko Voljč and Supervisory Board member Uroš Slavinec. Thus, the Supervisory Board shall continue its term of office, expiring in July this year, with the current line-up.
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