News

December 2015

Friday, 18th December 2015, Velenje, Slovenia Gorenje repays commercial paper holders GRV03 The company Gorenje, d.d., paid out on Friday, the 18th of December, 2015, the holders of 10-month commercial paper issued on the 20th of February, 2015 with the total face value repaid amounts to EUR 29.1 million.

Tuesday, 15th December 2015, Velenje, Slovenia Information on major holding of voting rights - 15 December 2015 Panasonic Corporation, 1006 Oaza Kadoma, Kadomacity 571-8501, Osaka, Japan, informed us on 14 December 2015, that as on 11 December 2015 they acquired 303,478 GRVG shares issued by the company Gorenje, d.d., and the stake of the voting rights of the company increased from 9.499% (2,320,186) to 10.742% (2,623,664) of all voting rights in the company Gorenje, d.d.

Monday, 7th December 2015, Budapest Gorenje the most energy saving brand

Hungarian agency E.ON which selects and rewards the most energy saving household appliances of the year on the Hungarian market, awarded Gorenje with two prizes this year. Gorenje’s vacuum cleaner is the most energy saving in its category and Gorenje brand the most energy saving brand, winning the Energy Saving Award in different categories as many as eight times in the past six years.

November 2015

Monday, 23th November 2015, Ljubljana Gorenje Keramika and Slovenian Rapper 6pack Čukur on the Ambient Furniture Fair

Between 17th and 22nd November Gorenje Keramika presented itself on the Ambient 2015 furniture fair in Ljubljana. This is the largest fair for furnishings, bringing the latest trends in the region between Milan and Vienna.

Friday, 20th November 2015, Velenje, Slovenia Gorenje Group's Accounting Report 2014 voted the best for the third time

In the Best Annual Report competition organized for Slovenian entrants by "Poslovna akademija Finance" (Finance daily paper Business Academy), Gorenje remains unbeaten in the Best Financial Report category for the third consecutive year, based on the expert jury decision.

Monday, 16th November 2015, Velenje, Rome European FEIEA Award to Vesna Petkovšek

Vesna Petkovšek, head of internal communication in Gorenje Group, was awarded an honorary FEIEA certificate for the achievements in the development of internal communications field in Slovenia.

Thursday, 12th November 2015, Velenje, Slovenia Webcast on first nine months 2015 results and Gorenje’s new Strategic plan 2016-2020 We are kindly inviting you to a webcast event »9M 2015 results of Gorenje Group«, which will take place on Tuesday, 17th November at 13:30 CET. Gorenje President and CEO, Mr Franjo Bobinac and CFO, Mr Peter Groznik will present Gorenje’s 9M 2015 results and Gorenje’s new Strategic plan 2016-2020 in a live webcast, followed by a Q&A session (questions can be asked via webcast).

Friday, 6th November 2015, Velenje, Slovenia Gorenje's new Strategic Plan until 2020 based on global growth. Budgeted revenue for 2015 to be exceeded. Third quarter the best in terms of sales this year. Profit expected as fourth quarter bottom line. End-of-year results mainly to depend on exchange rates, especially the Russian rouble and the US dollar relative to the euro. Looking for new opportunities in a changed and unpredictable environment, Gorenje has developed a new Gorenje Group Strategic Plan 2016–2020, based on global growth. Sales will be doubled in upmarket segments, with premium and innovative products, and in overseas countries.

Friday, 6th November 2015, Velenje, Slovenia Financial calendar for the year 2016 Gorenje, d.d., is releasing its financial calendar for the year 2016 in the attached file.

Friday, 6th November 2015, Velenje, Slovenia Gorenje Group press conference announcement Performance review for the period January-September 2015 and presentation of the new Gorenje Group Strategic Plan 2016-2020 At the session held on November 5, 2015, the Supervisory Board of the company Gorenje, d.d., discussed the company performance in the period January-September, 2015, and the Gorenje Group Strategic Plan for the period 2016–2020. The company Management Board will present the performance and strategy at a press conference at the Museum of Contemporary Art Metelkova, Maistrova 3, Ljubljana, on Friday, November 6, 2015, at 11 a.m. The contents to be presented at the press conference will also be publicly announced at the start of the press conference, on Friday, November 6, 2015, at 11 a.m.

October 2015

Thursday, 22nd October 2015, Velenje, Slovenia SILENT PERIOD: 22 October 2015 - 5 November 2015 Gorenje, d.d. has a silent period of 15 days before each quarterly financial report announcement. During the silent period the company will not arrange meetings with investors, analysts, or the media. Release date on the 6th of November, 2015: Interim Report of Gorenje, d.d., and Gorenje Group for January-September 2015

Saturday, 17th October 2015, Vietnam Gorenje brand officially launched in Vietnam

On 17th of October 2015 Gorenje Group marked another successful milestone in Asia with official launching of Gorenje brand that coincide with the opening ceremony of the first exclusive Gorenje showroom in Vietnam.

Wednesday, 14th October 2015, Ljubljana Seventh Biennale of visual communication Slovenia

Gorenje Group regularly presents different design solutions at numerous design events. At 7th Biennale of Visual Communications Slovenia Gorenje Group was ranked among the finalists with gift bags Gorenje Group, designed by Marko Marinšek, image layouts for IFA 2015 and with collection of female Fischer Alpine skis, which were designed by the Gorenje Design Studio.

September 2015

Sunday, 27th September 2015, London Gorenje at the prestigious design trade event in London

At the end of September 2015, 100% Design took place in London. It’s a trade event, the purpose of which is to present industrial and interior design solutions.

Monday, 21st September 2015 Golden award for Gorenje innovators 2015

Slovenian Chamber of Commerce and Industry (SCCI) presented today the national awards for the most innovative companies and innovators at enterprises and public research institutes.

Wednesday, 9th September 2015, Berlin Gorenje Breaking Records at IFA Berlin

The lively atmosphere at IFA Berlin is coming to a close. The Gorenje Group has presented two global brands Gorenje and Asko on almost 1000 square meters big exhibition area. A number of business partners, journalists and buyers from all over the world were hosted. First estimates of negotiated deals show that they already exceeded last year's results. Thus this years’ presentation will be the most successful in the eight years of Gorenje presence at the IFI.

Tuesday, 8th September 2015, Berlin Gorenje at IFA 2015

The leading consumer electronics and home appliance fair IFA in Berlin sees the unveiling of Gorenje's designer line of kitchen appliances Gorenje by Starck designed by the globally renowned Philippe Starck, the Infinity lifestyle line, and other latest Gorenje home appliances.

August 2015

Friday, 21st August 2015, Velenje, Slovenia Gorenje Group performance in the first half of 2015 After a very challenging start of the year, Gorenje Group generated revenue just short of EUR 290 million in the second quarter, a good 8% increase over the first quarter of the year.

Thursday, 20th August 2015, Velenje, Ljubljana, Slovenia Gorenje and Gorenje Surovina sign agreement to divest majority shareholding in Publicus - Correction Gorenje, d.d., and Gorenje Surovina, d.o.o., signed with the company HIS gradbeništvo in inženiring d.o.o., which holds a 49-percent stake in the company Publicus, d.o.o., an agreement to divest their majority shareholding in their subsidiary Publicus, d.o.o., Ljubljana, complete with the subsidiary Ekogor, d.o.o., Jesenice.

Thursday, 20th August 2015, Velenje, Sydney Asko Duo Fusion wins 2015 Good Design Award

The Asko Duo Fusion has been recognised with a coveted Good Design Award®, Australia's oldest and most prestigious award for excellence in design and innovation.

Wednesday, 19th August 2015, Velenje, Ljubljana, Slovenia Gorenje and Gorenje Surovina sign agreement to divest majority shareholding in Publicus Gorenje, d.d., and Gorenje Surovina, d.o.o., signed with the company HIS gradbeništvo in inženiring d.o.o., which holds a 49-percent stake in the company Publicus, d.o.o., an agreement to divest their majority shareholding in their subsidiary Publicus, d.o.o., Ljubljana, complete with the subsidiary Ekogor, d.o.o., Jesenice.

Wednesday, 19th August 2015, Velenje, Duiven Atag Nederland winner of Business Success Award Gorenje Group's daughter company Atag Nederland from Duiven is the winner of the Business Success Award in the category of kitchen appliances. The prize is awarded by the National Business Success Awards Institute.

July 2015

Friday, 24th July 2015, Velenje, Slovenia / Grodzisk Mazowiecki, Poland Gorenje signs an agreement to divest majority shareholding in Gorenje Surovina

Friday, 24th July 2015 Gorenje and Bobinac amongst most prominent

Gorenje and its president and CEO Franjo Bobinac were ranked amongst the most prominent in the survey Ugled 2015 (Reputation 2015) which is carried out in Slovenia by market research company Kline & partner for 20 years.

Friday, 24th July 2015, Belgrade Gorenje - The Best from Serbia

Organized by the Ministry of Trade, Tourism, and Telecommunication, Serbian Chamber of Commerce, and the business daily "Privredni pregled" ("Business Review"), the campaign "The Best from Serbia" has been presenting awards to the best domestic brands and companies for their financial and market achievements.

Tuesday, 7th July 2015, Velenje, Slovenia Panasonic and Gorenje to Expand Their Strategic Business Alliance to Several New Business Segments Panasonic Corporation and Gorenje Group signed today an amendment to the Strategic Alliance Agreement from July 5th, 2013, with which they have agreed to expand their strategic business cooperation to several new business segments, in addition to the already existing areas of cooperation.

Friday, 3th July 2015, Velenje, Slovenia Resolutions passed at the 22nd Annual General Meeting of Gorenje, d.d. Today, the 22nd Gorenje, d.d., Shareholders Assembly took place with 50.09 percent of the voting-right-bearing capital represented. The shareholders granted discharge from liability to the Management Board and Supervisory Board and approved the Management Board proposal regarding allocation of distributable profit for 2014, amounting to EUR 4,219,490.55, according to which EUR 1,458,198.12 shall be used for dividend payment and EUR 2,761,292.43 shall remain unallocated. Thus, Gorenje shareholders will receive a gross dividend of EUR 0.06 per share this year.

Friday, 3th July 2015, Jerusalem New Gorenje Experience Centre in Jerusalem

Following the successful presence of Gorenje brand in the Israeli market, Gorenje Group is introducing its premium brand Asko with the opening of the new Experience Centre in Jerusalem.

June 2015

Tuesday, 16th June 2015, Velenje, Slovenia Organised Collection of Proxies for Shareholders to Exercise Their Voting Rights 16 June 2015 Throughout the years, Gorenje, d.d., has been encouraging all shareholders to actively exercise their rights by organised collection of proxies and in accordance with the Slovenian Corporate Governance Code recommendation is announcing that as of today, the company officers authorised to collect proxies i.e.

Thursday, 11th June 2015, Kula Lumpur Gorenje successfully awarded with exclusive OPUS Kuala Lumpur project in Malaysia

On 10th of June 2015 Kula Lumpur hosted a Opus Project signing ceremony. Mr. Matthew Tee, representative of Star Effort Sdn Bhd, a subsidiary of Bina Puri Properties Sdn Bhd signed a partnership agreement with Gorenje, represented by Regional Sales manager Mr. Janko Le Ulaga and Calvin Klein Furniture Company, represented by CEO Mr. Michael Foster, to fit all 357 units in the Opus Kuala Lumpur.

Wednesday, 10th June 2015, Velenje, Slovenia Counterproposal to the 22nd Shareholders Assembly resolutions With regard to the 22nd Shareholders Assembly of the company Gorenje gospodinjski aparati, d. d., scheduled to take place on Friday, July 3rd 2015 at 11.00 hours at the Grand Hall of the Paka Hotel in Velenje, Rudarska Street 1, the Management Board of the company Gorenje, d.d., hereby informs the shareholders that on June 2nd 2015, the company received a counterproposal from Mr. Marko Grobelnik, to the item 2 of the agenda (resolution 2.1) “Adoption of the resolution on the allocation of distributable profit".

Monday, 1st June 2015, Velenje, Slovenia Convocation of the 22nd Shareholder's Assembly Meeting of Gorenje, d.d. Pursuant to relevant legislation, the Management Board and the Supervisory Board of Gorenje, d.d., hereby convene the 22nd Shareholder's Assembly Meeting of Gorenje, d.d., to be held on Friday, July 3, 2015 at 11 AM in the Grand Conference Hall at the Hotel Paka in Velenje, Rudarska ul. 1, Slovenia.

May 2015

Wednesday, 20th May 2015, Velenje, Ljubljana Gorenje the most trusted home appliance brand for the ninth consecutive year

In the Trusted Brand consumer survey conducted annually by the Reader's Digest magazine, Gorenje was voted the most trusted brand in Slovenia in the global competition of home appliance brands. The research included 8,013 readers of the Slovenian issue of the Reader's Digest who also identified Gorenje as one of the three most trustworthy brands in terms of environment protection.

Friday, 15th May 2015, Velenje, Slovenia Performance affected by Russia and Ukraine, revenue up in Eastern Europe, the Netherlands, and Australia Gorenje Group operations in the first quarter of the year were met with more difficulties than in the first quarter of the year before. Particularly in Russia and Ukraine, two very important markets for the Group, macroeconomic conditions worsened which led to a decline in the Group's revenue there.

Monday, 4th May 2015 Gorenje and MINI team up for a MAXI experience

In March and April, MINI showrooms in Poland, Hungary and Czech republic hosted an inspiring event, collaboration of two heroes – Gorenje and MINI. Test drives of the new MINI in these countries were accompanied by culinary endeavours with famous chefs who worked with Gorenje kitchen heroes to add another layer of pleasure to the experience.

April 2015

Friday, 24th April 2015, Velenje Gorenje Group announces audited Annual Report for the 2014 fiscal year After Gorenje, d.d., Supervisory Board reviewed in mid-March the unaudited financial statements of the Gorenje Group and its parent company for the year 2014, it approved at the session held on April 22, 2015, the audited Annual Report for the year 2014. Despite the exceptional and unexpected aggravation of conditions in Ukraine and Russia, the Group ended the year 2014 with results that are a substantial improvement over 2013.

Friday, 24th April 2015, Velenje, Celje Silver prize for Gorenje Orodjarna at the Forma Tool fair

We were awarded the silver prize for development and production of the tool which makes the outer part of the front wall of the Panasonic washing machine and is constructed of four remodeling operations.

Friday, 3th April 2015, Velenje , Grodzisk Mazowiecki/ Poland Gorenje Group begins negotiations on the possible divestment of majority shareholding in the company Gorenje Surovina Gorenje, d.d., and the Polish company Elemental Holding SA started negotiations on the divestment of the former's majority shareholding in its subsidiary Gorenje Surovina, d.o.o. Negotiations also involve some other subsidiaries of Gorenje Surovina. The purpose of the negotiations is to specify the scope, value, and terms of sale. Management Boards of Gorenje, d.d., and Elemental Holding SA expect to complete the negotiations by the end of the second quarter of 2015.

March 2015

Friday, 13th March 2015, Velenje, Slovenia Gorenje Group performance improves notably in 2014 At yesterday's session, Gorenje, d.d., Supervisory Board was presented the unaudited financial statements of the Gorenje Group and its parent company for the fiscal year 2014.

February 2015

Thursday, 26th February 2015, Velenje, Slovenia Admission of commercial paper issued by Gorenje, d.d., to trading on the regulated market - GVR03 Gorenje, d.d., hereby announces that it has successfully completed the offering of 10-month commercial paper. Commercial paper with the identification code GRV03 has a 2.20% interest rate. Total nominal value of the issue in the first round amounts to EUR 27 million. Commercial paper will also be offered in the second subscription round from March 2, 2015, to December 12, 2015, up to the total nominal issue amount of EUR 30 million.

Friday, 20th February 2015, Velenje, Slovenia Interest in Gorenje's third issue of commercial paper exceeds expectations On February 20, Gorenje, d.d., issued 10-month commercial paper bearing an interest rate of 2.20% p.a., with the total value of EUR 27 million, or 35% more than initially planned. Sizeable interest in commercial paper is proof of investor confidence in the Gorenje Group.

Friday, 13th February 2015, Velenje, Slovenia Gorenje planning a third issue of commercial papers Gorenje, d.d., is planning a third issue of commercial papers on February 20, 2015, with maturity of 10 months and 2.20% annual interest rate. The company is presenting detailed information on the issue of commercial papers at a meeting with potential investors held today, February 13, 2015. On behalf of Gorenje, activities regarding the issue and offering of commercial papers are managed by the company Alta Invest.

January 2015

Friday, 30th January 2015, Velenje, Slovenia Gorenje Group plans further improvement of profitability in 2015 At today's session, Gorenje, d.d., Supervisory Board was presented the Gorenje Group 2014 end-of-year performance estimate and approved the 2015 business plan. Gorenje Group performance in 2014 was affected by challenging and uncertain conditions in Ukraine and Russia. Despite the considerable impact of these two markets on operations and performance, the Group wrapped up the year 2014 with notably better results than in 2013, which is also a result of the positive effects of restructuring carried out in the last two years. In 2015, Gorenje Group continues to intensively pursue its activities for improvement of profitability and financial strength.

Friday, 16th January 2015, Cologne, Germany Gorenje presenting advanced solutions for more cooking pleasure at LivingKitchen in Cologne

Gorenje is again taking part in the biennial LivingKitchen show, a part of the globally renowned furniture fair IMM in Cologne, Germany. From January 19 to 25, Cologne is the epicentre of the world's furniture industry, showcasing products by all major international players. Gorenje is among them, putting the spotlight on its new generation of cooking built-in appliances as it presents its namesake brand, Gorenje+ and Classico lines, and the legendary Retro refrigerators.

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