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16.12.2005 - Takeover bid for Iskra published

Iskra Avtoelektrika published an all-cash takeover bid for Iskra. Iskra is Ljubljana-based electronic group, currently our largest single owner. Its shares are not listed on Ljubljana stock exchange. We offer approximately 4.36 EUR per share and will consider the bid successful if we manage to acquire 51 % stake. We expect Iskra’s largest owners, state-run Pension Management Fund (KAD) and Slovenian Restitution Fund (SOD), to accept the offer and sell their stakes. The key motive of this takeover is to take advantage of synergies between Iskra Avtoelektrika Group and companies within Iskra Group, which will consequently lead to faster growth of Iskra Avtoelektrika and increased value of both groups.





28.11.2005 - Environment Friendly Company 2005


At the 10th jubilee conferring of awards Iskra Avtoelektrika received a reward Environment Friendly Company 2005. We have been chosen among 11 candidates based on the achieved results, established vision and environment strategy.

This award approves our orientation to fulfill the principles of sustainable development and enables us to stand as candidate for the next year’s European Environment Award.

Undoubtedly, this award is also an additional stimulation in our efforts to accomplish environmental excellence, which is our strategic goal that we want to achieve by proactive, preventive and systematic approach in the field of environment management. Environmental excellence means to reach maximal efforts of environment care in all aspects and activities, to develop high environmental culture in the company by educating and raising awareness, and even to serve as an inspiration to others. The principle that leads us is to give the next generations an opportunity to have at least as good quality of life, if not better, as the one we have today.





04.10.2005 - Iskra Avtoelektrika has opened a renewed industrial plant in Predmeja, Slovenia


Yesterday Iskra Avtoelektrika has opened a renewed industrial plant in Predmeja, a settlement that lies approximately 1000 m above the sea level in a mountainous region 35 km far from Iskra Avtoelektrika’s headquarters. In this way we enabled immediate employment for 16 workers, local people who were unemployed till now. In the plan the production of stators for the most modern motors will took place. These motors are sold on demanding foreign markets including the USA and West Europe. The building and the machinery is owned by Iskra Avtoelektrika while the production will be held by newly established firm Vibeks, owned by our ex-employee that is now our cooperator.

High representatives from Iskra Avtoelektrika and local authorities attended the celebration as well as a lot of local inhabitants. The president of the board of Iskra Avtoelektrika Mr. Aleš Nemec said: “I’m pleased because we fulfilled the promise we gave years ago. We found a common interest, advantageous for both our company and the local community, because in the following years we expect more than 40 jobs in this plant.” The Mayor of the Ajdovščina Community Mr. Marjan Poljšak did not hide his joy: “Congratulations for deciding to offer new jobs in our community and I wish you a successful development in the future”.

In eighties when this plant was build they produced electrical windings. After the collapse of the Yugoslav market in the early nineties and consequent decrease of work in Iskra Avtoelektrika the business reconstruction measures were taken including the decision to temporarily stop the production in Predmeja.





19.09.2005 - Equip Auto 2005 exhibition in France


Visit us at Equip Auto 2005

13 – 18 October 2005
Paris, France

Hall 6 – Stand No.94H





02.09.2005 - CeMAT exhibition in Germany


Visit us at CeMAT - The world’s leading fair for intralogistics

11 – 15 October 2005
Hannover - Germany

Hall 27 - Stand No. C35







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