Kolektor Group new shareholder of Turboinstitut

31.10.2013

Kolektor Group has acquired 114,488 shares of the company Turboinštitut d. d. , representing 82.67 percent of the company's voting rights. Kolektor's decision to buy Turboinstitut is a step towards the objective of becoming a future integrator of Slovenian companies operating in the electro energetics sector. Supervisory boad has appointed Executive Director, M.Sc. Uroš Suhodolčan, on Tuesday, October 22.

Electro energetics sector will be undergone major changes in the coming decades. Depending on the political commitments made by the Republic of Slovenia, we will have to reduce its dependence on imported energy. We are going on a larger scale to exploit scattered renewable sources of energy.

Kolektor entered the field of energetics three years ago when Etra was bought. Today Kolektor Etra is a major manufacturer of transformers. The integrity of the elektro energetics assembly is supplemented by other Kolektor Group's companies: Kolektor Sisteh and Kolektor IGIN. Turboinštitut, supplier of equipment, including turbines, for small hydroelectric power plants, proudly joins these companies.

In the coming weeks in accordance with the applicable legislation, Kolektor Group will conduct proceedings of acquisition of Turboinštitut.

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