By selling the three companies, Laško wants to establish financial stability. Financial liability of Laško group amounted to EUR 350m at the end of June. The group told the STA that it was meeting its obligations toward creditor banks on time.

Pivovarna Laško CEO Dušan Zorko has previously expressed hope that the buyers would preserve the companies' trade marks and jobs. He added in August that there was much interest in Radenska.

He moreover hopes that a buyer will be found for Delo, as no bid arrived the last time they attempted to sell the publisher. Also on sale is publisher Večer, which is in the hands of Delo.

The group is now waiting for the sale of its 24% stake in retailer Mercator to Croatian Agrokor to go through. If the deals is competed at the price agreed, Laško will be able to deleverage by more than EUR 105m.

However, in the case that the deal falls through, the consortium of sellers that Laško has joined will have to come up with something new fast, the group said.