Slovenia Times 14. May, 2021 Ljubljana – Slovenian Sovereign Holding (SSH) has increased the state stake in the spa company Terme Olimia to 98.25% as part of the efforts to create a state hospitality holding. SSH acquired a further 20.64% stake in Terme Olimia in a public takeover bid that run out on Monday, according to a notice published in the newspaper Delo. Offering EUR 27.50 per share, SSH paid EUR 4 million for the stake. Terme Olimia runs the spa under the same name in Podčetrtek in the east of the country and the spa Terme Tuhelj across the border in Croatia. The state had already held almost 78% in the company through SSH, Pension Fund Management (KAD), railways operator Slovenske Železnice and the Bank Assets Management Company (BAMC).