Rail operator SŽ acquires 50% stake in Nomago group

Ljubljana – National rail company Slovenske Železnice (SŽ) and coach group Nomago have signed a contract under which SŽ acquired 50% of Nomago, with an option to buy the entire stake until the end of 2024. The deal still needs clearance from the competition regulator, SŽ and Nomago said in a joint statement on Friday. SŽ will pay EUR 15.75 million as the fixed part of the purchase price, with the remaining part depending on Nomago’s performance in the coming years. The contract was signed by SŽ director general Dušan…

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