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“Political decision” blocks United Group deal

September 27, 2021 07.28 Europe/London By Chris Dziadul

United Group’s recent failure to buy TS Media from Telekom Slovenije was down to a political decision.

Speaking in a debate on the free market and quoted by N1 TV, the group’s founder Dragan Solak added that it had offered €2 million more for TS Media than any other bidder before the Slovenian incumbent decided to stop the sale.

Although Solak said that Slovenia is a country of incredible opportunities, unfortunately some have not yet materialised and the state still plays a strong role in the economy.

High taxes make it difficult for United Group to open a regional centre in the country despite it being cheaper than others.

United Group has so far invested €1.5 billion in Greece, which will see GDP growth of 8% this year. “If Slovenia does not wake up, all the money will go there”.

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Filed Under: Central & East Europe, Newsline Tagged With: Slovenia, Telekom Slovenije, United Group Edited: 27 September 2021 07:28

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About Chris Dziadul

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