State selling sock maker Polzela
The call comes less than two months after the state became the sole owner of Polzela via a EUR 1.5m capital hike and EUR 600,000 debt-to-equity swap.
The state capital injection has created the basis for restructuring and a turnaround in operations.
But the completion of the process requires "a long-term investor who will speed up the turnaround with additional capital, know-how, and access to markets," SSH said on Thursday.
The strategic investor is expected to acquire a majority stake in the company. Existing shareholders' will not have pre-emptive right to buy the newly issued stock.
Binding bids are due by 28 October.
Polzela has been eking out a living for the better part of the past decade and has received state aid several times in recent years, either in the form of fresh capital or with debt-to-equity swaps.
It was designated for privatisation in 2015.
The company had 220 employees in Slovenia and two Balkan subsidiaries at the end of June.
Polzela makes socks and stockings for several other brands and had 20 stores in Slovenia and Croatia.
In the first half of the year it posted revenue of EUR 2.3m and a net loss of EUR 1.3m.