The Slovenia Times

Business

A new residential development in Koper. Photo: Boštjan Podlogar/STA
Home prices in Slovenia rose for the tenth consecutive year in 2024, going up by 8.5% as the number of transactions declined reflecting tight supply on the market.
At the national level, new apartments in residential buildings saw the sharpest increase, rising by 10.2%.
Used houses followed with a
The landing page of GaMS, Generative Model for Slovenian. Photo: screenshot
Slovenia has joined the race to develop a national large language model, a generative artificial intelligence tool akin to the popular ChatGPT. An early version of the model has been launched as a stepping stone towards the development of a much larger and more capable model.
Called GaMS, an acrony
A freight train at Logatec train station. Photo: Boštjan Podlogar/STA
Slovenian Railways have signed a contract to purchase 30 new multi-system electric engines for its freight arm from the German unit of the French multinational Alstom. The biggest modernisation of rolling stock in 20 years, the deal is valued at €152 million, excluding VAT.
Speaking at the signing
Chef of the Year Tomaž Kavčič (centre) pictured with Economy Minister Matjaž Han and director of Gault & Millau Slovenija Mira Šemić. Photo: STO
Tomaž Kavčič of Gostilna Pri Lojzetu in Zemono Manor near the western town of Vipava has been named the chef of the year 2025 by Gault & Millau Slovenia as Hiša Franko in Kobarid further to the west, run by star chef Ana Roš, was again declared the best of the best.
Hiša Franko, the only Sloven
Launch of the Hermes Pathfinder constellation of minisatellites. Photo: University of Nova Gorica
A constellation of minisatellites with input from the University of Nova Gorica and Slovenian companies SkyLabs and Aalta lab has been launched into space to monitor the sky and detect events such as gamma-ray bursts.
The Hermes Pathfinder (High Energy Rapid Modular Ensemble of Satellites) was laun
The office tower of energy company Petrol. Photo: Bor Slana/STAa
The Slovenian energy group Petrol posted a historically high net profit of €146 million for 2024, according to preliminary estimates. Due to the impact of global price trends, sales revenue dropped by 12% to €6.1 billion even as volume sales of oil derivatives, natural gas and electricity remained
Key lock boxes used for short-term rentals. Photo: Daniel Novakovič/STA
The government has adopted a bill to curb short-term rentals in a bid to make housing more accessible, provoking a backlash from rental property owners, who are considering taking legal action.
The new hospitality bill sets down strict limits on short-term letting while granting local authorities f
Charging of e-vehicles. Photo: Tamino Petelinšek/STA
EV Solutions, the Slovenian-based EV charging stations maker that its Swiss owner wanted to wind down, will stay in business under a new owner, Slovenian financial company KD Group.
Landis+Gyr announced on 13 March it had entered into a share purchase agreement with KD Group for the sale of its EV
A catheter made by TIK Kobarid. Photo: TIK Kobarid
TIK, the Kobarid manufacturer of disposable medical devices, has been acquired by Plastiflex, a multinational founded in California, US that is headquartered in Belgium.
Plastiflex acquired TIK from its most recent owner, entrepreneur Marjan Batagelj, best known as the majority owner of the operato
The Rogla ski resort. Photo: STA
The company managing the Rogla ski resort and the spa Terme Zreče will be acquired by a Slovenian private equity fund, which has promised to undertake major investments.
The resort and the spa in the Pohorje area have so far been ran by Unitur, the tourism arm of Unior, the state-owned tool maker a
Slovenia's supercomuter Vega. Photo: IZUM
Slovenia has successfully applied for EU funds to develop a high-performance supercomputer with an artificial intelligence factory. The EU will chip in €67.5 million for the €150 million project promoted by the European High Performance Computing Joint Undertaking (EuroHPC).
The Slovenian project h
Foreign Minister Tanja Fajon and Philippines Secretary for Migrant Workers Hans Cacdac sign a memorandum on labour mobility cooperation. Photo: Foreign Ministry
Slovenia inaugurated its embassy in Manila and signed an agreement to ease hiring of Filipino workers as Foreign Minister Tanja Fajon arrived in the country on 11 March on the first stop of her Asian tour.
The Slovenian Employment Service and the Slovenian Embassy held an event in Manila to provide