Adria Mobil, which recently reported a net profit of EUR 14m for the first half of the year, has seen tensions mount in recent weeks after its CEO Sonja Gole was informed by ACH of efforts to sell the company.

Gole, who was told that potential investors had already been notified, responded with a warning that the sales procedure in the form envisaged was inappropriate, as it put in peril Adria Mobil's strategic goals and thereby also the interests of the company and its stakeholders.

Changes in the makeup of the company's supervisory board led to speculation that Gole would be replaced, which prompted Adria Mobil's workers to step behind their boss and even threaten with a strike.

Things seemed to calm down today, as Rasto Oderlap, appointed the new chief supervisor on Thursday, reportedly met with the workers to explain the plans for the sale and ensure them Gole would not be replaced.

Adria Mobil said today the supervisors had agreed on Thursday to involve the leadership of the company in the sales procedure, while the latter along with worker representatives committed they would not undermine the sale that would "pursue Adria Mobil's best interests".

ACH for its part announced it would strive to make sure that the key criteria for selecting the buyer would also take into account non-financial aspects and involve the commitment to preserve jobs, production and the company's seat in Slovenia and to respect workers' rights.