On the last day of June, SSH managed EUR 1.01bn in assets and EUR 656.3m in capital, according to a press release issued by SSH on Friday.

Among the notable transactions in the first six months, SSH mentioned the sale of a 30.35% stake in tissue maker Paloma to Czech fund Eco Investment and the acquisition of a 3% stake in energy group Petrol from the NLB bank.

The company gained EUR 20.8m in dividends in the January-June period, with 76.7% of the dividend payout being accounted for by insurance company Zavarovalnica Triglav.

The state recapitalised SSH with EUR 200m last year, providing it with enough liquidity to repay loans which become due this year. SSH thus repaid EUR 100m in loans in the first half of the year, with an additional EUR 180m repaid by the end of July.

Payments related to denationalisation amounted to a total of EUR 2.2m, while damages paid on behalf of and for the account of the state stood at EUR 6.7m in the first half of the year, the press release says.