{"id":5963,"date":"2024-05-13T09:43:02","date_gmt":"2024-05-13T09:43:02","guid":{"rendered":"https:\/\/30dayearningsformula.com\/multi-level-marketing\/mlm-news\/slovenia-ends-support-for-troubled-metal-products-maker-mlm\/"},"modified":"2024-05-13T09:43:02","modified_gmt":"2024-05-13T09:43:02","slug":"slovenia-ends-support-for-troubled-metal-products-maker-mlm","status":"publish","type":"post","link":"https:\/\/30dayearningsformula.com\/multi-level-marketing\/mlm-news\/slovenia-ends-support-for-troubled-metal-products-maker-mlm\/","title":{"rendered":"Slovenia ends assist for troubled metallic merchandise maker MLM"},"content":{"rendered":"
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September 21 (SeeNews) – Slovenia’s authorities can not lengthen support to distressed metallic merchandise maker Mariborska Livarna (MLM) and the corporate wants a brand new proprietor to keep away from insolvency, economic system minister Matjaz Han stated.<\/p>\n

“Mariborska Livarna wants a brand new proprietor and the doorways of [current owner] SDH are open to any investor,” Han stated throughout a go to to the manufacturing facility of Mariborska Livarna on Wednesday, based on an announcement by the Slovenian authorities.<\/p>\n

Earlier this week, Slovenian media reported that German holding firm Mutares has withdrawn from the potential buy of Mariborska Livarna, leaving the Maribor-based group on the point of insolvency.<\/p>\n

In line with the Slovenian authorities, Mutares withdrew from the deal as a result of the economic system ministry couldn’t present a 12 million euro ($12.8 million) state subsidy requested by the German firm below the nation’s Funding Promotion Act. The economic system ministry declined to fulfill the request as a result of it can’t co-finance takeovers below the Act.<\/p>\n

On Wednesday, the Slovenian authorities said that it can’t present support to Mariborska Livarna as a result of the European Union’s regulatory framework units a ten-year deadline for the re-granting of support, and this deadline has not but elapsed.<\/p>\n

Mariborska Livarna, going through difficulties stemming from the Covid-19 pandemic, provide chain disruptions, the power disaster, and declining automotive manufacturing in Europe, has been granted a complete of 13.3 million euro in direct state support, disbursed in varied installments since 2009, with the newest installment being offered in 2020.<\/p>\n

Mariborska Livarna recorded a lack of 3.6 million euro in 2022, which was lined by its sole proprietor, Slovenian sovereign holding firm SDH, by means of a capital discount.<\/p>\n

($ = 0.93852 euro)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

September 21 (SeeNews) – Slovenia’s authorities can not lengthen support to distressed metallic merchandise maker Mariborska Livarna (MLM) and the corporate wants a brand new proprietor to keep away from insolvency, economic system minister Matjaz Han stated. “Mariborska Livarna wants a brand new proprietor and the doorways of [current owner] SDH are open to any […]<\/p>\n","protected":false},"author":2,"featured_media":5965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","slim_seo":[],"footnotes":""},"categories":[110],"tags":[2197,514,2198,242,413,1345,194,1346],"class_list":{"0":"post-5963","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mlm-news","8":"tag-ends","9":"tag-maker","10":"tag-metal","11":"tag-mlm","12":"tag-products","13":"tag-slovenia","14":"tag-support","15":"tag-troubled"},"_links":{"self":[{"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/posts\/5963"}],"collection":[{"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/comments?post=5963"}],"version-history":[{"count":1,"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/posts\/5963\/revisions"}],"predecessor-version":[{"id":5964,"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/posts\/5963\/revisions\/5964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/media\/5965"}],"wp:attachment":[{"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/media?parent=5963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/categories?post=5963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/30dayearningsformula.com\/wp-json\/wp\/v2\/tags?post=5963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}