On the ground of the financial position and indebtedness of all the three corporations, any trends driving to a merger are not reasonable as long as these corporations get in shape for profitable operations again, which are underlying for debt servicing and capital adequacy.

Intereuropa is not refusing closer business cooperation with the Port of Koper corporation (Luka Koper) and the Slovenian Railway Company (Slovenske železnice): on the contrary, such cooperation has existed to date, and it could undoubtedly be upgraded, however not at the expense of restricting the competitiveness of other logistics operators and carriers.

The envisioned concept of the merger incorporates a risk for, or rather a threat to effective, flexible and creative operations of Intereuropa with its business units and affiliates resulting from the envisioned centralization of certain business functions on the level of the holding company, which can in turn impede the market-based and oriented activity and flexibility of employees, as well as the responsiveness of the Company to the market situation – which are vital for freight forwarding business.

The Slovenian Logistics Holding is not viewed as a response to tougher competition. The latter is a fact which is also supported by the EU on a systemic level, by assuring free access to infrastructure.

The synergies presented are only a wish-list, not containing any serious professional arguments or in-depth analysis, respectively. The income-related risks are high due to latent danger of the loss of neutrality. Likewise, the solution does not provide answers for the most topical challenges that Intereuropa is facing.

Therefore, Intereuropa will continue on the path towards implementation of the Strategic recovery business programme up to 2014 as adopted, which will assure improved profitability, reduce the indebtedness and the necessary capital adequacy to the Intereuropa Group.

The priority task of the Managing Board of Intereuropa is to implement its outlined strategy and to acquire a strategic partner who will see its own and our interest in the Balkans, based on the Intereuropa infrastructure and market position in that region.

If the Government of the Republic of Slovenia views the association of the three corporations as a strategic platform for the national economy and further economic development in the Republic of Slovenia, we are ready to assume a constructive role in further in-depth analyses of the project.