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Porr Enters Alliance in Slovenia
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The Austrian construction company establishes a joint venture with SCT, the dominant construction company in Slovenia.
Porr Enters Alliance in Slovenia / Picture: © Porr AG
The Slovenian construction company SCT, which went insolvent by the end of 2010, continues dominating the local construction industry. Porr now creates a joint venture with SCT to allow the Slovenian partner to stay in business. Owing to the insolvency, SCT is prevented from participating in tenders. The joint venture is therefore a shared interest, sources stressed. Porr holds 49% in…
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