 | |
| Company type | public company |
|---|---|
| Industry | Conglomerate |
| Founded | 1948 |
| Headquarters | Koper, Slovenia |
Key people | Igor Bavčar, CEO |
| Revenue |  US$941 million (2007) |
Number of employees | 4,722 (2007) |
| Website | www.istrabenz.si |
Istrabenz is a Slovenian holding company, one of the largest in Slovenia with a total of 73 companies under its management.
Istrabenz entered the Ljubljana Stock Exchange in 1997. [1]
Istrabenz financed the growth of Openad until the holding ran out of cash in 2008. [2]
From 2002 to 2009, the company was headed by Igor Bavčar, Slovenia's former interior minister. [3] In September 2009, Igor Bavčar was detained on suspicions of corruption and money laundering while he was head of Istrabenz. [4]
In July 2010, Istrabenz sold major food manufacturer Droga Kolinska to Atlantic Grupa for €382 million. [5] [6]
In September 2015, Istrabenz sold the Kempinski Palace Portorož for $25 million. [7] In March 2016, Istrabenz Turizem sold the Grand Hotel Adriatic in Opatija to Croatian company Teri-trgovina as part of a disinvestment program. [8]
In June 2016, Istrabenz sold the remaining 51% it held in Istrabenz plini (gas subsidiary) to Italian Siad . [9]
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