AVK CONSENTS TO CONCENTRATION OF MHP AND PERUTNINA PTUJ

Press Release

Ljubljana, 15 February 2019 – AVK issued a decision that the entry of MHP in Perutnina Ptuj is in accordance with the rules on competition.

SIJ Group notifies the public that on Thursday, 14 February, the Slovenian Competition Protection Agency (AVK) adopted a decision to not oppose the concentration of MHP and Perutnina Ptuj and that the concentration is in accordance with the rules on competition. Other competent authorities for competition protection in Austria, Serbia, Macedonia and Romania have given their consent beforehand.

SIJ Group and MHP will now be able to carry out the procedures for completing the transaction, thereby bringing about the strategic ownership of Perutnina Ptuj by MHP – one of the leading international agroindustrial groups in accordance with the contract concluded in November last year.

SIJ Group will continue to regularly inform the public on the progress of the transaction.

---

The SIJ Group is the largest Slovenian vertically integrated metallurgical group, whose products occupy leading positions on the European and global niche steel markets. The Group consists of two core business areas – metallurgy (core business) and poultry division (Perutnina Ptuj Group). According to the first unaudited business results for the first half of 2018, the metallurgical and food processing areas generated sales revenues of EUR 557.8 million, an operating profit (EBITDA) of EUR 57.4 million

Additional information:
SIJ – Slovenska industrija jekla, d.d.
mag. Sara Wagner, Head of Corporate Communications
Phone: +386 1 242 98 27
Mobile: +386 41 313 532
E-mail: sara.wagner@sij.si