LJUBLJANA (Slovenia), February 9 (SeeNews) – Slovenian steel producer Slovenska Industrija Jekla (SIJ) said it has signed an agreement to receive a 1.5 million euro ($1.8 million) loan from its majority shareholder Dilon.
The loan will mature on December 31, 2021, SIJ said in a filing with the Ljubljana Stock Exchange on Monday, without disclosing the purpose of the borrowing.
As of June 2020, Ljubljana-based Dilon controlled some 72.22% of SIJ, followed by the Slovenian government with 25% and the company itself with 2.77%, SIJ data showed.
SIJ is the largest vertically integrated metallurgical group in Slovenia. Its products hold leading positions on European and global niche steel markets.
($ = 0.826513 euro)