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December 2016

Thursday, 22nd December 2016, Velenje, Slovenia Gorenje repays commercial paper holders GRV04 The company Gorenje, d.d., paid out on Thursday, the 22nd of December, 2016, the holders of commercial paper issued on the 3rd of February, 2016 with the total face value repaid amounts to EUR 28.9 million.

Friday, 16th December 2016, Belgrade Gorenje Group is the best employer in Serbia

At the ceremony of annual awards of the Serbian Association of Managers (SAM) our company received, among very strong competition, the prestigious Best Employer Award in the category of large companies. According to the members of SAM, the Gorenje Group in 2016 enabled the best conditions for the operation and development of employees in Serbia.

Friday, 2nd December 2016, Valjevo More than 5 million Gorenje refrigerators in 10 years of successful operations

Gorenje Valjevo cold appliance factory celebrated today its 10th anniversary of successful operations in Serbia. Gorenje's factory in Valjevo, a greenfield investment, has been continuously increasing its manufacturing output for the last 10 years. The plant's output to date totals at over 5 million refrigerators sold in the markets of Serbia, Europe, and globally. Today, the factory has over 1,500 employees and works with more than 60 local suppliers.

November 2016

Thursday, 17th November 2016, Velenje Gorenje Group has the best Annual Report

In the best annual report contest held every year by the Finance Business Academy, Gorenje Group won in the category of large enterprises, winning the Best Annual Report Award for 2015 based on the opinion of the expert jury. We were also the best in two sub-categories: we had the best annual report in terms of communication, and with regard to risk management and corporate governance.

Tuesday, 15th November 2016, Moscow Gorenje launches a line-up of Spartak branded appliances

For several years, Russia has been one of the key markets for Gorenje Group. Through a partnership with Spartak Moscow football club, Gorenje is increasing its brand awareness throughout the whole CIS region as Spartak is the most popular football club in the territory of ex-Soviet Union. This year we have extended our partnership by launching a line-up of Spartak-branded domestic appliances.

Thursday, 10th November 2016, Velenje, Slovenia Financial calendar for the year 2017 Gorenje, d.d., is releasing its financial calendar for the year 2017 in the attached file.

Thursday, 10th November 2016, Velenje, Slovenia Information about procedure conclusion We received a notice with the following content from the Panasonic Corporation Senior Managing Director Tetsuro Homma, addressed to Gorenje CEO and President, explaining the decision regarding the increase of shareholding stake in Gorenje:

Thursday, 10th November 2016, Velenje, Slovenia Over 50-percent growth of Gorenje Group's operating profit is a result of revenue growth and favourable sales structure. Sales peak in the third quarter; based on orders placed, fourth quarter will be record-breaking. Based on our forecasts, we believe we will attain the planned profit by the end of the year. In the first nine months of the year, Gorenje Group generated revenue of EUR 900.9 million, and profit of EUR 4.1 million. Sales revenue in the third quarter of 2016 was considerably higher than in the second and first quarter of the year. Most importantly, we continued to improve the structure of our sales.

Wednesday, 2nd November 2016, Moscow Elle Decoration award for Gorenje by Starck and ASKO Pop Up Store

Elle Decoration, Russian top magazine for interior design and architecture, celebrated their 15th anniversary by awarding outstanding acchievements in the field of home and interior design, best decorators, architects, designers and manufacturers of interior design items. Our design line Gorenje by Starck, a result of colaboration with the world renown designer Philippe Starck, won in the best home appliance category, while ASKO Pop Up Store by designer Ekaterina Elizarova received a special award for best design.

October 2016

Thursday, 27th October 2016, Velenje, Slovenia SILENT PERIOD: 27 October 2016 - 10 November 2016 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 11th of Novembert, 2016: Interim Report of Gorenje, d.d., and Gorenje Group for January-September 2016

Thursday, 13th October 2016, Velenje, Slovenia Information on major holding of voting rights - 13 October 2016 Mr. Kristijan Floričić, informed us on 12 October 2016, that as on 11 October 2016 he acquired 84,000 GRVG shares issued by the company Gorenje, d.d., and the stake of the voting rights increased from 4.906% (1,198,314) to 5.25% (1,282,314) of all voting rights in the company Gorenje, d.d.

Wednesday, 12th October 2016, Shanghai Gorenje and ASKO Winners of Home Style Award by iF Design

Industrie Forum Design (iF Design), an institution with over 50 years tradition in the field of industrial design, presented Gorenje Group's premium brand ASKO with a prestigeous Home Style Award.

Tuesday, 11th October 2016, Velenje, Slovenia In the opinion of legal experts, Gorenje, d.d., President and CEO Franjo Bobinac acted lawfully by disclosing information to the Prime Minister of the Republic of Slovenia On July 25, 2016, we published the information that Gorenje, d.d., and Panasonic Corporation had signed on July 13, 2016, a set of legal documents allowing Panasonic to conduct partial due diligence investigation of the Gorenje Group. In September 2016, the media published an allegation by the Securities Market Agency (ATVP) that it had, in relation with the said due diligence procedure, "filed a criminal complaint against one natural and one legal person for suspicion of perpetration of a criminal offence of abuse of inside information pursuant to Article 238, Paragraph 2 of the Criminal Code." Some media outlets also reported that the criminal complaint filed by the ATVP was against Gorenje, d.d., President and CEO Franjo Bobinac, because he had informed the Prime Minister of the Republic of Slovenia, before the information was publicly announced, about the due diligence being conducted by the Panasonic Corporation at the Gorenje Group, which could lead to an increase in Panasonic’s equity share in Gorenje, d.d.

Tuesday, 4th October 2016, Vienna Gorenje Austria wins the Supplier of the year award

Gorenje brand is among the top five most recognized home appliance brands, and among top five by market share. Since the founding of Gorenje Austria 41 years ago and the slogan "Bewusst robust" (Deliberately Sturdy), Gorenje has developed into a provider of an all-around range of major appliances, renowned in particular for its designer items. Long-standing tradition and excellent customer relations at every level of business, along with technological innovation in recent years, have resulted in a new breakthrough and growth across the distribution channels, which is also witnessed by the best supplier award.

Monday, 3th October 2016, Ljubljana Best design solution award for Gorenje Lifestyle Magazine

At this year's POMP Forum event, Gorenje Lifestyle Magazine (year 2015) was nominated for two POMP awards for special achievements in content marketing: for "Best printed magazine/newspaper" and "Best design solution in content marketing"; in the latter, it won the award.

September 2016

Friday, 30th September 2016, Velenje, Slovenia End of Due Diligence Period Further to the prior public announcement on Monday 25th July 2016 that a due diligence process is being undertaken on Gorenje by Panasonic Corporation, Gorenje can now confirm that the due diligence period finished on Friday 30th September 2016 as was previously guided.

Thursday, 22nd September 2016, Brdo pri Kranju Team of Gorenje and Panasonic innovators wins CCIS Golden Award for Innovation

Slovenian Chamber of Commerce and Industry (CCIS) awarded its golden award for best innovation to Panasonic AutoCare washing machine, a result of Gorenje's and Panasonic's joint development. The washing machine with a capacity of 8 or 10 kg and a number of advanced functions is the first result of cooperation between the development teams from both companies. The development project lasted two years and a half.

Tuesday, 20th September 2016, Velenje, Slovenia Information on major holding of voting rights - 20 September 2016 HOME PRODUCTS EUROPE B.V., Utrechtseweg 181, 6862 Aj Oosterbeek, The Netherlands, informed us on 19 September 2016, that as on 19 September 2016 they acquired 13,800 GRVG shares issued by the company Gorenje, d.d., and the stake of the voting rights of the company increased from 4.94% (1,207,431) to 5.00% (1,221,231) of all voting rights in the company Gorenje, d.d.

Tuesday, 20th September 2016, Stara Pazova Gorenje Tiki celebrates 10 years of successful business in Stara Pazova

The Gorenje Tiki water heater factory celebrated its 10th anniversary of the launch of production in Serbia. Gorenje Tiki is a part of the Gorenje Group, a major home appliance manufacturer on the world scale, whose products have been present in the Serbian market for over 65 years.

Thursday, 1st September 2016, Berlin Gorenje Group at IFA 2016

At the leading fair of consumer electronics and household appliances, IFA in Berlin, Gorenje revealed a special edition of Gorenje Retro refrigerators, inspired by the design of the legendary and still extremely popular Volkswagen camper van, which has become (and remained) iconic among many generations. The vintage Volkswagen van personifies a relaxed and free lifestyle where one takes the time for the things that really matter and that enrich our lives. That very philosophy is what Gorenje is bringing into their customers’ homes with the motto Life Simplified. This time it is embodied in the new generation of innovative SmartFlex dishwashers, the result of Gorenje’s own development efforts, and a range of sophisticated household appliances: awarded steam ovens, new gas hobs, built-in refrigerators and much more. At this year’s fair, which takes place between the 1st and 7th of September, Gorenje will also be showcasing its signature designer product lines by celebrity designers Philippe Starck and Ora-Їto and offering a glimpse into the future of the kitchen by introducing a range of connected appliances under its premium brand Asko.

August 2016

Monday, 22nd August 2016, Velenje, Slovenia Sales and profits continue to grow Gorenje Group continued its successful performance in the second quarter of the year. Thus, we wrapped up the first half of 2016 with revenue of EUR 581.3 million, operating profit (EBIT) of EUR 16.7 million, and net profit of EUR 2.1 million. Positive impacts in the period included further growth of small and major domestic appliance sales, favourable geographic distribution of sales, and higher sales and market shares for premium and innovative appliances in all product categories. Adjusting for currency translation differences, our core activity saw 8-percent organic revenue growth relative to the first half of 2015. Innovative and premium appliances under the Gorenje and Asko brands, yielding higher profits, will also be showcased at the industry's largest tradeshow IFA in Berlin in early September. Nearly 500 new hirings in Slovenia this year.

Monday, 8th August 2016, Velenje, Slovenia SILENT PERIOD: 8 August 2016 - 22 August 2016 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 23rd of August, 2016: Interim Report of Gorenje, d.d., and Gorenje Group for January-June 2016

July 2016

Monday, 25th July 2016, Velenje, Slovenia Gorenje and Panasonic signed the agreement on conditions to perform a due diligence On July 13th, 2016, Gorenje and Panasonic Corporation entered into a set of legal documents, which define various conditions under which Gorenje shall enable Panasonic Corporation to perform a due diligence of Gorenje Group in the time period until September 30th, 2016.

Friday, 8th July 2016, Velenje, Slovenia Resolutions passed at the 23rd Annual General Meeting of Gorenje, d.d. Pursuant to the provisions of the Companies Act (ZGD-1), the Market of Financial Instruments Act (ZTFI), the Ljubljana Stock Exchange Rules and the Corporate Governance Code for Joint Stock Companies, and in accordance with the provisions of the Code of Best Practice for WSE Listed Companies, the Management Board of Gorenje, d.d., Partizanska 12, Velenje, Slovenia, hereby announces the press release and the resolutions passed at the 23rd Annual General Meeting (AGM) of Gorenje, d.d., held on Friday, July 8th 2016, starting at 11.00 AM, in the Grand Hall of Hotel Paka in Velenje, Rudarska ul. 1, Slovenia.

Thursday, 7th July 2016, Essen, Germany Gorenje's products firmly anchored among the design elite

Gorenje Group products won four prestigious Red Dot design awards this year. The 41-member jury believed they represent the current pinnacle of design in the home appliance industry. Gorenje's products have been constantly among the award-winning design elite for a good decade. In 2005, we were the first Slovenian enterprise to earn the Red Dot award for the design of its products. To date, the award was won with 35 products. This bear witness to Gorenje Group's excellence in design, innovation, and high quality of the products marketed under our brands.

June 2016

Thursday, 30th June 2016, Velenje, Slovenia Gorenje and HIS sign agreement on divestment of majority shareholding in Publicus Ekoinvest, d.o.o. – a subsidiary of Gorenje, d.d. – and the company HIS gradbeništvo in inženiring, d.o.o., which holds a 35-percent stake in the company Publicus, d.o.o., signed an agreement to divest their majority shareholding in the company Publicus, d.o.o., Ljubljana, complete with the subsidiary Ekogor, d.o.o., Jesenice.

Wednesday, 22nd June 2016, Velenje, Slovenia Organised Collection of Proxies for Shareholders to Exercise Their Voting Rights - 22 June 2016 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 have started collecting proxies for the shareholders to exercise their voting rights at the 23rd Annual General Meeting of Gorenje, d.d., scheduled for Friday, 8th of July, 2016.

Wednesday, 15th June 2016, Velenje, Slovenia Counter-proposal to the Shareholders Assembly resolutions - 15 June 2016 The Management Board of the company Gorenje, d.d., hereby informs its shareholders that it has received, with regard to the 23rd Shareholders Assembly of the company Gorenje gospodinjski aparati, d.d., which is to take place on Friday, July 8, 2016, at 11 a.m. at the Grand Hall of Hotel Paka in Velenje, Rudarska ul. 1, a counter-proposal to item 4 (resolution 4.2) of the Shareholders Assembly agenda, titled "Informing the Shareholders Assembly about the resignation of a Supervisory Board member and appointment of a new Supervisory Board member". The counter-proposal was submitted by our shareholders Home Products Europe B.V. (June 9, 2016), Karlo Kardov (June 10, 2016), Raiffeisenbank Austria d.d., Zagreb (June 10, 2016), Alpen Invest d.d. (Alpen.SI, mešani fleksibilni podsklad - Jugovzhodna Evropa and Alpen.Developed) (June 13, 2016), Societe Generale - Splitska banka d.d. (June 13, 2016), Unicredit Bank Hungary ZRT (June 13, 2016), and KD Skladi, družba za upravljanje, d.o.o. (KD Balkan, delniški in KD Vitalnost, delniški) (June 13, 2016).

Monday, 6th June 2016, Velenje, Slovenia Convocation of the 23rd 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 23rd Shareholder's Assembly Meeting of Gorenje, d.d., to be held on Friday, July 8, 2016 at 11 AM in the Grand Conference Hall at the Hotel Paka in Velenje, Rudarska ul. 1, Slovenia.

Wednesday, 1st June 2016, Velenje, Slovenia Gorenje position regarding the sale of Gorenje Surovina This morning, in the Elemental Holding announcement on the website of the Warsaw Stock Exchange we read about the Tesla Recycling's intent to terminate the Agreement on the sale and purchase of shares of Gorenje Surovina, d.o.o. (hereinafter referred to as the SPA). In Gorenje, d. d., we only received the official notification today after the above mentioned announcement. In the announcement, Tesla Recycling states that Gorenje, d.d., has failed to meet the conditions specified in the SPA concerning Gorenje Surovina shares. Gorenje, d.d., hereby opposes such allegations, as we strongly believe that Gorenje has fulfilled the conditions precedent as agreed in the SPA. Evidence confirming the fulfilment of conditions precedent has been repeatedly sent to Tesla, yet Tesla Recycling has failed to provide any formal feedback. Despite our repeated notifications/requests, Tesla Recycling have failed to provide the irrevocable surety as per Clause 5.1.2 (c) of the SPA, which is a condition precedent to be fulfilled by Tesla.

May 2016

Thursday, 26th May 2016, Velenje Gold award for the smart and economical washing machine designed by Gorenje's innovators

The Chamber of Commerce of the Savinja and Šalek Region presented today the awards for best innovations in the region for the past year. Gorenje's innovators won awards for all three entries: golden award for the Panasonic AutoCare washing machine, a result of joint development with the partner Panasonic Group; and silver medal for the FiltrationSupreme glass door dryer, and Style Line flat water heater. This qualifies our innovators for the national best innovation contest of the Slovenian Chamber of Commerce and Industry.

Wednesday, 25th May 2016, Ljubljana, Velenje Gorenje and BTC will bring back the legendary Rog Pony bicycle

Gorenje president and CEO Franjo Bobinac and BTC Management Board president Jože Mermal signed today a letter of intent by which both companies announce their cooperation in reviving the bicycle brand Rog. Thus, the legendary Pony will hit the Slovenian streets again next spring with a fresh, improved look.

Friday, 20th May 2016, Velenje, Slovenia Sales and profit grow in the first quarter Gorenje Group's solid performance from the last quarter of 2015 continued in the first quarter of 2016 as we ended it with a EBIT of EUR 6.8 million and net profit of EUR 0.6 million, which is a considerable improvement over the first quarter of last year. Positive developments in the period include high growth rates for sales of major and small domestic appliances and favourable changes in the sales structure, both in terms of brands and products, and in terms of geographic distribution.

Tuesday, 17th May 2016, Velenje, Luxembourg EIB provides EUR 50 million to Gorenje to develop a new generation of domestic appliances

The European Investment Bank (EIB) is lending EUR 50 million to Gorenje Gospodinjski aparati d.d., one of the leading European traditional manufacturer of household electrical appliances. The EIB loan will have a maturity of up to 7 years and will finance the company’s 4-year research, development and innovation expenditure programme aimed at strengthening its innovative capacity by developing new domestic appliances and upgrading its existing product range.

Thursday, 12th May 2016, Velenje Gorenje brand dishwasher production launched in Velenje

Today Gorenje launched the production of its first dishwashers under the Gorenje brand. This will considerably extend their offer of major home appliances. Innovative SmartFlex dishwashers are a result of several years of development and an EUR 8 million investment that includes a new automated assembly line.

April 2016

Tuesday, 26th April 2016, Velenje, Slovenia Resignation of a Supervisory Board member The company Gorenje, d.d., was informed yesterday, on April 25 about the statement of resignation handed in by the Supervisory Board member Keith Charles Miles. Keith Charles Miles is a Gorenje Supervisory Board member a second term. During last six years he has contributed to the development and transformation of the Gorenje Group with his professional and international experience. His resignation, with effect from the date of the AGM on July 8, 2016, is based on personal reasons. He will support the company and its further development also in the future.

Friday, 22nd April 2016, Velenje, Slovenia Gorenje Group releases audited Annual Report for the 2015 fiscal year

The Supervisory Board approved yesterday the audited Annual Report of the Gorenje Group and its parent company for the year 2015. For the first time, the Report is drawn up in compliance with the GRI (Global Reporting Initiative) international sustainability reporting guidelines. The Supervisory Board was also presented the sales growth figures for the first quarter of 2016.

Wednesday, 13th April 2016, Milan A promising step for Gorenje Group’s ASKO brand into the high end kitchen market in Italy

Gorenje Group is for the first time presenting its premium home appliance brand ASKO at the EuroCucina fair in Milan which specialises in built-in appliances for the high end kitchen. Although it is the brands first time at this prestigious event, it feels like coming home.

March 2016

Thursday, 31st March 2016, Velenje Once again, Gorenje Surovina will bring Pure Joy to children

The Pure Joy project is an eco-humanitarian waste raw material collecting campaign, conceived last year by the company Gorenje Surovina and Slovenian Association of Friends of Youth Ljubljana Moste-Polje within the “Botrstvo” sponsorship project. The proceeds will be used to finance free vacations for children with emotional and behavioural disorders. Last year we took 120 children on vacation and this year the collection of raw materials starts on April 1st.

Wednesday, 30th March 2016, Zagreb The Gorenje by Starck design line fascinated Zagreb

In the company of numerous architects, interior designers and eminent Croatians, Gorenje presented its new designer collection created in cooperation with the French design star Philippe Starck, in the gorgeous ambiance of the French Pavilion in Zagreb.

Wednesday, 23th March 2016, Velenje Peter Prevc and the Nordic team thank Gorenje for over 20 years of support

After a fantastic season in which he whipped the competition and in a single season won every ski jumping title there is, leaving his fans worldwide ecstatic, Peter Prevc and the Nordic ski team paid a visit to Gorenje and its employees today to whip up some wholesome colourful smoothies for them. As a token of appreciation for over twenty years of loyal support to the athletes, Prevc presented Gorenje with his jersey from the final competition in Planica.

Friday, 11th March 2016, Velenje, Slovenia Information regarding the process of Gorenje Surovina divestment As of July 24th, 2015 Gorenje, d.d., and Tesla Recycling spolka z organiczona odpowiedzialnoscia spolka komandytowa have entered into an Agreement on the Sale and Purchase of a share in Gorenje Surovina d.o.o., whereas the parties to the Agreement have agreed to close the transaction not later than March, 31st, 2016 (Longstop Date).

Friday, 11th March 2016, Velenje, Slovenia Sales and profits peak in the last quarter of 2015. Annual revenue at EUR 1,225 million, annual EBITDA at EUR 80 million. At yesterday's session, the Supervisory Board of Gorenje, d.d., was presented the unaudited financial statements of the Gorenje Group and its parent company for the year 2015. Following a slow start to the year, sales and performance gradually picked up pace every quarter. Last quarter of 2015 topped all previous quarters in terms of sales and profitability as Group sales revenue reached EUR 350 million and profit reached EUR 1.4 million.

Monday, 7th March 2016, Velenje Gorenje the most trusted home appliance brand in Slovenia for a decade

It has been ten years since Slovenia first took part in the Trusted Brand research - one of the most extensive European consumer researches and Gorenje won the cherished title of the most trusted home appliance brand in Slovenia for the 10th consecutive time.

Thursday, 3th March 2016, Velenje Together with youths we are keeping our culinary heritage alive

Slovenia has a rich culinary heritage and it is important to nurture it and pass it on to our offspring. Gorenje is supporting these efforts by taking part in a project Kuhna pa to (Kitchen and all that) where children and youths get to know traditional Slovenian dishes and learn how to cook them.

February 2016

Thursday, 25th February 2016, Velenje, Slovenia SILENT PERIOD: 25 February 2016 - 10 March 2016 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 11th of March, 2016: Unaudited consolidated financial statements of Gorenje Group and Gorenje, d.d., for the year 2015

Thursday, 18th February 2016, Velenje Gorenje Create Academy brings together businesses and universities to develop innovative products

Gorenje Group presented diplomas to the first generation of graduates of the Gorenje Create Academy – Gorenje's academy for new product development. This is a unique international educational program, a part of the Gorenje Corporate University, designed to encourage innovation at the company and upgrade and extend knowledge and skills for new product development. The program had Gorenje Group working with renowned universities from Ljubljana, the Netherlands, and Sweden.

Tuesday, 16th February 2016, Ljubljana, Zürich Gorenje a Symbol of Quality for Slovenians in 2016

The QUDAL – Quality Medal research, performed in Slovenia in January 2016 by the Zürich based international organization Icertas, shows that in terms of quality Slovenians see Gorenje home appliances as the best.

Friday, 12th February 2016, Velenje, Slovenia Resignation of a Management Board member At the 17th correspondence session, the Supervisory Board of Gorenje, d.d., was informed about the statement of resignation handed in by the Management Board member and Chief Sales Officer Marko Mrzel. The Supervisory Board accepted his resignation.

Friday, 12th February 2016, Velenje, Slovenia Admission of commercial paper GRV04 issued by Gorenje, d.d., to trading on the regulated market Gorenje, d.d., hereby announces that it has successfully completed the offering of commercial paper. Commercial paper with the identification code GRV04 has a 2.00% interest rate. Total nominal value of the issue in the first round amounts to EUR 28,908,000. Commercial paper will also be offered in the second subscription round from February 10, 2016, to December 1, 2016, up to the total nominal issue amount of EUR 35 million.

Monday, 8th February 2016, Velenje Gorenje retro fridges will bring food for thought

Supporting the project of free little libraries for the exchange of books Gorenje will donate housings of their popular Retro design fridges to serve as book cases in schools and local communities. Colourful fridges will in this unusual role offer to the users a different kind of food – food for the soul.

Wednesday, 3th February 2016, Velenje, Slovenia Successful issue of commercial paper confirms investor confidence in the Gorenje Group In order to obtain funds for seasonal financing of its operations, Gorenje, d. d. has successfully completed its fourth consecutive issue of commercial paper, of EUR 28.9 million. The commercial paper, with the start of its interest accrual period on February 3, 2016, and date of maturity on December 22, 2016, has the lowest interest rate to date, at 2.00 percent p.a. This year's issue is a significant contribution to the efforts to cut Gorenje Group's finance expenses, and the solid interest in commercial paper reaffirms investor confidence in Gorenje.

January 2016

Wednesday, 27th January 2016, Novo mesto Gorenje Keramika with a new showroom in Novo mesto

In Novo mesto Gorenje Keramika opened its fourth showroom where they will be offering quality decorative ceramic tile of the latest trends. At the event they also hosted the best rapper among tile fitters and undoubtedly the best tile fitter among rappers – 6Pack Čukur with his »tile poetry«.

Monday, 25th January 2016, Velenje Choice Magazine Recommends Asko Dryer

Asko dryer got the highest ranking among 22 dryers tested by the biggest Australian consumer magazine Choice.

Monday, 18th January 2016, Velenje, Slovenia Gorenje planning a fourth issue of commercial papers Gorenje, d.d., is planning a fourth issue of commercial papers with expected issue size in the amount approximately up to EUR 30 million, with start of interest accrual date February 3, 2016 and maturity date December 22, 2016. Gorenje will use the proceeds from the commercial papers issue for diversification of short-term financing, primarily for financing the seasonal operations, in accordance with the interim cash flow dynamics, and optimization of funding costs.

Friday, 15th January 2016, Velenje, Slovenia Home appliance sales exceed plans in 2015. Increase in profitability planned for 2016. After a slow start to 2015, Gorenje Group successfully adapted to the unstable macroeconomic and political conditions, and stepped up its sales and market shares to see its sales peak and generate profit in the last quarter. Reaching just over one billion euros, revenue in the core activity of home appliances exceeded the figure planned for 2015. The result, which will be consistent with the estimate from November, will largely depend on the negative currency translation differences. We estimate that negative currency translation differences will amounted to EUR 12.6 million, or approximately EUR 6 million more than planned.

Thursday, 14th January 2016, Velenje Gorenje Microwave Oven in Space

Gorenje microwave oven from the design line Ora-Ïto became a vital piece of equipment for space travel. Our rising microwave star was spotted in the film The Martian, co-starring with Matt Damon.

Tuesday, 12th January 2016, Tehran Gorenje with ambitious plans in Iran

Gorenje opened a new showroom in Tehran, located in a prestigeous and very busy location in the centre of the Iranian capital. In the 350-square-meter showroom we will be presenting our entire range of the upper middle and premium class major household appliances. In five years Gorenje aims to become one of the five top brands of bulit-in household appliances in Iran.

Thursday, 7th January 2016, Velenje We Have the Golden Eagle!

Peter Prevc, currently the leading ski jumper in the world, has crowned a fantastic season with a victory in the Four Hills Tournament. In Gorenje we congratulate him heartily for this outstanding acchievement and are proud to have been able to contribute to this success as a general sponsor of the Slovenian nordic teams.

Tuesday, 5th January 2016, Velenje Gorenje Projekt soars high with a warehouse commission in Russia

By the end of April, Gorenje Projekt will build and launch an automated high-bay warehouse for an investor in Tver, 150 kilometres from Moscow, Russia. The project, worth EUR 11.65 million, will involve some pioneering work as it will result in the tallest self-supporting crate system in the market.

Tuesday, 5th January 2016, Velenje Slovenian ski jumper Peter Prevc flies in a class of his own

The main sponsor of the Slovenian nordic teams, Gorenje is proud to be a part of Prevc' great success and we are cheering for him to crown his amazing series of triumphs today in Bischofshofen with a victory in the Four Hills Tournament.