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TELEKOM SLOVENIJE – Slovenian national telecommunications company |
- Business valuation, financial, tax and legal due diligence of three acquisition targets - cable operators in Slovenia.
- Business valuation of ONE AD, Skopje, Macedonia for the purpose of financial reporting.
- Business valuation of Aneks, Banja Luka, Republic of Serbia for the purpose of acquisition.
- Valuation of minority stakes in subsidiary company IPKO Telecommunications, Kosovo, for the purpose of acquisition.
- Ipko.net - forensic investigation for the purpose of finding anomalies.
- Valuation of feasibility study of the financial restructuring of the company T2 d.o.o., Maribor.
- Due diligence of IPKO Telecommunications, Kosovo.
- Valuation of a majority stake in Najdi.si and Meganet for the purpose of financial reporting.
- Valuation of majority stakes in subsidiary companies ONE AD Skopje, IPKO Telecommunications, Kosovo, PRIMO Communications, Albanija in Aneks, Banja Luka for the purpose of testing goodwill.
- Valuation, financial, legal and tax due diligence of 2 acquisition targets in Albania.
- Financial, tax and legal due diligence on the largest mobile operator of the largest mobile operator M TEL, Montenegro for acquisition purpose.
- Due diligence and valuation of Interseek, the largest Slovenian search engine.
- Valuation of a Croatian acquisition target.
- Financial, tax due diligence and Business valuation of one of the largest cable operators in Bosnia and Herzegovina.
- Financial, tax due diligence and Business valuation of internet service providers in Kosovo for acquisition purpose - Ipko.net.
- Financial, tax due diligence and Business valuation of an internet service provider in Macedonia for acquisition purpose On.net.
- Due diligence of acquisition target Avtenta.si.
- Due diligence and valuation of one acquisition target in Serbia.
- Valuation of Maltacom, Malta.
- Revision of a due diligence of a company in Austria.
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PETROL – Slovenian national supplier of oil and other energy products |
- Financial due diligence of EL-TEC MULEJ d.o.o., Niš, Serbia for the purpose of acquisition.
- Notification of a concentration between companies Petrol d.d. and El-Tec Mulej d.o.o, Bled.
- Financial, tax and business due diligence for the purpose of acquisition of EL TEC Mulej, Bled.
- Valuation of Istrabenz Holding.
- Due diligence services and Valuation of Petrol-Bonus, Montenegro.
- Financial and tax due diligence of Montcogim Plinara in Croatia, for the purpose of acquisition.
- Valuation of shareholders stakes of all companies in the group for the purpose of revaluation of financial investments, Balkan region.
- Business valuation, financial and tax due diligence of Instalacija for the purpose of acquisition.
- Business valuation, financial and tax due diligence of Istrabenz Gorenje for the purpose of acquisition.
- Valuation of company Ogrevanje Piran and advisory services for the purpose of disposal.
- Financial, tax due diligence and advisory services on the acquisition of EUROPETROL, Croatian petrol station network.
- Valuation of Istrabenz, Koper for the purpose of financial reporting.
- Advisory services on the acquisition of Toplarna Hrastnik, provider of heat and electricity in Slovenia.
- Financial and tax due diligence services related to an acquisition in Serbia.
- Valuation of Plinarna Maribor.
- Advisory services on the Joint Venture with Lukoil, Russia.
- Financial, tax due diligence and advisory services on the acquisition of a minority stake in the financial Holding Istrabenz, Slovenia.
- Due diligence and advisory services of acquisition targets in Albania.
- Advisory services and valuation of one acquisition target in USA.
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HSE – the leading Slovenian power company |
- Valuation of the subsidiary Soške Elektrarne Nova Gorica d.o.o., hydro power plant for the purpose of acquiring remaining equity stake.
- Business valuation of six subsidiaries of PV Coalmine for divestment reasons.
- Valuation of the holding company and subsidiaries thermal power plants Šoštanj and Brestanica for the purpose of minority stake acquisition in the subsidiaries.
 | ADRIATIC SLOVENICA d.d., Koper - Slovenian insurance company |
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- Valuation of two companies KD Skladi, Ljubljana and KD Investments, Zagreb, Croatia.
- Valuation of the company KD Življenje, Slovenija.
- Valuation of the companies: Gea, Gea College, Nama and Semenarna for the purpose transaction.
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PIVOVARNA LAŠKO – the largest Slovenian holding |
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- Valuation of companies within the group for the purpose of determining the exchange rate.
- Valuation of the real estate, machinery and equipment of the company Jadranska Pivovara, Split, Croatia for the purpose of financial reporting.
- Valuation of company Delo d.d. for the purpose of financial reporting.
- Valuation of the strategic plan of the group and valuation of the company Pivovarna Laško in case of disposal of Pivovarna Union.
- Fairness opinion on the amount of the share price of the company Mercator for disposal of a minority package and suitability of this business action.
- Valuation of negative effects of disposal of Pivovarna Union on the value of the company Pivovarna Laško.
- Valuation of the companies in the group for the purpose of financial reporting.
- Valuation of the company Thermana for the purpose of share capital increase.
- Valuation of the company Elektro Maribor.
- Valuation of the brand name Pivovarna Laško.
- Advisory services on the financial restructuring of the group.
- Business valuation of the group for the purpose of MBO.
- Valuation of subsidiaries of the group and brand names Union and Fructal for the purpose of financial reporting.
- Business valuation of its subsidiary – Delo, the largest Slovenian newspaper for financial reporting.
 | GORENJE – one of the largest home appliances producers in Europe |
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- Valuation of suitability of the share capital increase price of Merkur.
- Valuation of the company Gorenje Tiki, Društvo za proizvodnju električnih aparata za domačinstvo, Stara Pazova, Serbia for the purpose of transfer of the minority interest.
- Valuation of the Real estate property of the company Gorenje TIKI for transaction purposes.
- Valuation of equity stake of the company Gorenje for the purpose of share capital increase.
- Valuation of two companies Gost and Gorenje Gostinstvo for the purpose of merger.
- Valuation of the brand Gorenje and activity of producing radiators for the purpose of transferring this activity to another company.
- Transaction services on several acquisitions in Slovenia.
- Valuation of two companies Hyundai auto Zagreb and Hyundai auto Beograd for the purpose of disposal.
 | KD GROUP – asset management and brokerage in Slovenia and South-East Europe |
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- Valuation of the claims to the government for the purpose of disposal.
- Valuation of the companies KD Skladi Ljubljana and KD Investments, Zagreb, Croatia for the purpose of financial reporting.
- Transaction services on several acquisitions in Slovenia.
- Business valuation of financial investments of KD GROUP for the purpose of share capital increase.
- Valuation of the company that manages with two investment Funds KD Skladi Ljubljana and KD Investments Zagreb, Croatia for the purpose of financial reporting which equals the purpose of revaluations of investments.
- Business valuation of the asset management company for the purpose of disposal.
- Business valuation of the life insurance division for the purpose of disposal.
- Development of business valuation methodology for financial reporting of fair value of financial assets.
- Valuation of KD Mont, Montenegro.
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ACH – one of the largest financial holdings in Slovenia |
- Feasibility study of the Real estate.
- Valuation of the company Autocommerce for the purpose of an acquisition of minority stake.
- Advisory services on MBO and post-acquisition activities.
- Due diligence and valuation services for Adria Mobil, subsidiary of ACH, on the acquisition of Spanish mobile home producer.
- Valuation of the subsidiary Debitel, mobile operator for the purpose of acquiring remaining equity stake.
- Due diligence of an insurance company in Serbia for the purpose of acquisition.
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BTC – Slovenian real estate and property management company |
- Valuation of unit water park Atlantis, Ljubljana for the purpose of financial reporting.
- Valuation of minority stake of the company BTC for the purpose of rewarding employees.
- Real estate and equipment valuations of Atlantis, Ljubljana, Millenium Ljubljana and Bowling Murska Sobota for the purpose of financial reporting.
- Valuation of the company BTC for the purpose of financial reporting.
- Valuation of the company for the purpose of transaction.
- Business and real estate valuations, also for the purpose of privatisation.
- Advisory services on MBO.
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ZAVAROVALNICA TRIGLAV – Slovenian national insurance company |
- Valuation of the companies Triglav RE, TRIGLAV Zdravstvena zavarovalnica and Skupna for the purpose of an acquisition of minority stake.
- Valuation of the shareholders stakes of the company Nama for the purpose of financial reporting.
- Valuation of shareholders stakes in companies for the purpose of share capital increase of Triglav naložbe.
- Valuation of the company Triglav naložbe for the purpose of determining the exchange rate.
- Transaction services on disposal of financial assets including Intercement, Austro-Slovenian holding of cement plants and Iskratel, supplier of advanced telecommunications solutions.
- Valuation of the Company Avrigo, Nova Gorica for the purpose of financial reporting.
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HELIOS GROUP– one of the largest paints producers in Eastern Europe |
- Valuation of the company Color, Medvode for the purpose of squeeze-out of minority shareholders.
- Financial and tax due diligence services related to an acquisition in Ukraine.
- Valuation services on merger with Belinka, a large chemicals producer.
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TUŠ – one of the largest retailers in Slovenia |
- Valuation of the brand TUŠ for the purpose of disposal.
- Valuation of the company Tušmobil for the purpose of financial reporting.
- Valuation of subsidiary companies for the purpose of financial reporting.
- Valuation of retailer Engrotuš, d.o.o., Celje for the purpose of sale of minority equity stake.
- Valuations of the retailer, telecommunications company and real estate company to set up a holding company and evaluate contribution in-kind.
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RIKO - Eastern European industrial group |
- Valuation of the brand Stark with Riko.
- Advisory services on acquisition of an important minority equity stake in MLM, Maribor Foundry.
- Transaction services including due diligence and valuation of acquisition targets in the South-East Europe region.
- Advisory on financial investment strategy.
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Municipality of Maribor |
- Business valuation of Deželna banka Slovenije d.d., one of the largest Slovenian banks, for the purpose of disposal.
- Business valuation of Pinarna Maribor d.d., a large gas distributer, for the purpose of disposal.
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BNC - Boat building company in Slovenia |
- Legal advisory on acquisition of a 100% stake of the company ELAN MOTORNI BRODOVI d.o.o., Croatia, which included:
- Advisory services on negotiations and settling conditions for the transaction.
- Advisory services in structuring the transaction.
- Preparing sales documents required to complete the transaction as well as arranging legal rights for the intellectual property.
- Coordinating and supervising the closing of transaction.
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DZS – One of the most important publishing and trade houses in Slovenia |
- Valuation of the company Terme Čatež for the purpose of financial reporting.
- Opinion on the purchase of bonds DZS, carried out by the Fund NEK.
- Eligibility study of joint action of the company DZS in case of public tender for office supplies.
- Valuation of the company DZS for the purpose of determining the exchange rate.
- Valuation of the company Terme Čatež.
- Valuation of the company Suprima.
- Valuation of the company Dnevnik.
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VIPAP VIDEM KRŠKO - the largest producer of paper in Slovenia and the leading producer of newsprint in South East Europe |
- Valuation of the company Vipap Vetribes und Handles GmbH, Austria for the purpose of transaction.
- Financial and tax due diligence services related to an acquisition of Arabesa in Serbia.
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GORENJE SUROVINA - the largest company for extraction of secondary raw materials from residue wastes (Gorenje Group) |
- Valuation of the company and financial and tax due diligence services related to an acquisition of CSS – Cleaning System Serbia.
- Financial and tax due diligence services related to an acquisition of EKO METAL in Serbia.
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TRIANGLE GROUP UK - Asset management and advisory group dedicated to property, hospitality and capital investments |
- Financial and business due diligence and net asset valuation of two legal entities, in Montengro for the purpose of acquisition.
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ADRIA AIRWAYS - national airline of Slovenia, Brnik |
- Valuation of the shareholders stakes of the company Adria Airways Tehnika d.d. for the purpose of acquisition.
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PUBLICUS d.o.o., Slovenian company for waste management and disposal services: |
- Business valuation and financial due diligence for the purpose of acquisition.
| P&S East Growth Luxembourg - Management Company of Private Equity Funds |
- Financial and legal due diligence including advisory to private equity fund at merger of Bulgarian companies Powernet Ltd. and Bol.bg Ltd in Bulgaria.
- Financial and legal due diligence including advisory to private equity fund at acquisition of holding of advertising companies in Ukraine.
- Financial and legal due diligence including advisory to private equity fund at acquisition of Powernet Ltd., alternative provider of telecommunication services in Bulgaria.
- Financial and legal due diligence including advisory to private equity fund at acquisition of pharmacy retail chain Farmaplus Ltd., Romania.
- Financial and legal due diligence including advisory to private equity fund at acquisition of Bol.bg Ltd., alternative provider of telecommunication services in Bulgaria.
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NLB InterFinanz - Financial company based in Zürich, Switzerland |
- Analyses of possible scenarios for a target company in Montenegro for the purpose of verification the possible scenarios and the development of the investment.
- Consolidation of companies in the group of Rivijera, Croatia.
- Financial, legal, tax and business due diligence of several companies in Šibenik, Croatia.
GOVERNMENTAL INSTITUTIONS:
| Ministry of Environment and Spatial Planning |
- Business valuation and due diligence of the company TDR Metalurgija, involved in calcium carbide and ferro-alloys production for the purpose of divestment of the Ministry’s majority equity stake.
- Financial advisory services in the process of disposal of a thermal plant and acquisition of a natural gas distributor.
| Chamber of Commerce and Industry of Slovenia |
- Valuation of real estate and machinery of all energy companies in Slovenia, including hydro power plants, thermal power plants, coal mines, electricity distributors, and transmission operator for the purpose of privatisation.
| Slovenian State-Owned Pension Fund and Restitution Fund |
- Valuation of equity stake in company Salus for the purpose of disposal.
- Opinion on the impact on the value of shares of Gorenje, subject to possible failure of capital increase.
- Valuation of equity stake in company Gorenje for the purpose of capital increase.
- Valuation of equity stake in Sava group – offers services in the area of tourism, rubber manufacturing, real estate and investment finance area.
- Valuation of equity stake in Slovenian largest mobile operator Telekom Slovenije.
- Valuation of equity stake in Slovenian financial holding company PDP.
- Valuation of equity stake in Slovenian national carrier Adria Airways for the purpose of capital increas.
- Business valuation of shares in Telekom Slovenia and Skimar (producer of skis, sailing boats and yachts) for financial reporting purpose related to IAS 36 Impairment of Assets.
- More than 30 valuations for the purpose of divestment, including: one of the largest Slovenian holdings SAVA, the largest Slovenian construction company SCT, casino HIT, wholesaler and retailer of household goods MERKUR, cement producer SALONIT, and national energy company PETROL.
| Slovenian Agency for Privatisation and Slovenian Development Fund |
- More than 100 valuations for the purposes of privatisation.
- Advisory services to more than 50 Slovenian companies on privatisation.
- Transaction services on disposal of several companies to foreign investors, including cartonboard producer Količevo to Saffa, Italy, supplier of heating elements ETA to Ego Group, Germany, and producer of small household appliances Gorenje MGA to Bosch, Germany.
| PDP, Special Company for Corporate Advisory, Inc. |
- Valuation of equity stake in Slovenian ski manufacturer Elan d.o.o. for the purpose of acquisition.
| Latvian agency for privatization |
- Subcontractor of the World Bank, within the Central & Eastern European Privatization Network advising on the privatization process in Latvia.
| EBRD |
- Restructuring advisory services on selected Slovenian companies within Special Restructuring Program.
