On 18 August 2011 the Ljubljana Stock Exchange is listing a new company to its Standard Market, the hand tool producer UNIOR Kovaška industrija d. d. The first day of trading of the company traded under ticker code UKIG (ISIN SI0031108994) will be 22 August 2011.
President of the Management Board of the Ljubljana Stock Exchange, Andrej Šketa: »Slovenia's future depends on the success of the Slovene economy, mainly on the results of our companies that already successfully fight competition in the international market on a daily basis. Unior Group has 19 subsidiaries and nine associated companies, operating across 19 countries worldwide. Unior’s listing on the LJSE Standard Market will make its operations more transparent, which will doubtlessly enhance its visibility not only in the domestic but international markets as well. Unior’s business plans speak of further growth and business success, while through its official listing it has now gained access to the capital market and thus an additional source of funds.«
President of the Management Board of Unior d. d., Gorazd Korošec: »Our listing on the stock exchange is simply complying with the resolution adopted by the 14th AGM of Unior d. d., which decided back on 21 July 2010 that Unior should list. We are convinced that the official listing will enhance our reputation and increase the transpar-ency of our operations, which will bring us closer to realising our corporate vision. We have run a successful business for nine decades and have ambitious plans for the future, which we intend to realise working together with all stakeholders. By 2014 Unior will be recognised as an advanced international company operating in the metal processing and tourism industries. Together with our buyers, suppliers, similar companies and research organisations we are applying a proprietary innovative process to develop, produce and market solutions with increasing added value. On sales worth EUR 183 million, we have a positive Economic Value Added (EVA) and the ROE of min. 6.6%, which guarantees a safe return on investment as well as good future prospects for our employees. Unior d. d. is the unifying link in the dynamic UNIOR Group, which utilises its synergies to generate sales worth EUR 440 million, on a ROE of 7.3% and with the staff of 4,216.
