Ljubljana, 29 August (STA) - The shareholders of the steel group SIJ, nearly three-quarters owned by the Dilon company belonging to Russian oligarch Andrey Zubitsky, decided at Thursday's annual general meeting to leave the balance sheet profit of EUR 101.1 million undistributed.
The company was moreover authorised to purchase ten of its own shares currently held by Unior, a state-owned tool maker and automotive supplier.
SIJ said the purchase of the Unior shares, which only account for 0.001% of the share capital, was not solely for trading purposes, but rather to streamline its ownership structure and for other legally permissible reasons.
No challenges to the decisions were announced, with support also coming from the Slovenian state, which holds 25%, and Unior.
