The world’s first practical three-dimensional microlaser was developed recently at the Jozef Stefan Institute in Ljubljana in Slovenia. The microlaser comes cheap, portable and very easy to operate with high precision results.

Matjaz Humar and Igor Musevic were the developers to the microdroplet 3-D laser system wherein the laser light shines in all directions from dye molecules adhered within spherical drops of helical molecules dispersed in a liquid solution. Igor Musevic anticipates that the microdroplet lasers can be created by millions in seconds will be utilized to make arrays of coherent light emitters.

The said three dimensional laser will be embedded within an object which is to be imaged. The light which comes directly from the source will interfere with the light scattered by the surroundings. The 3-D image of the object can be reconstructed from the interference pattern.

According to Prime Minister Borut Pahor, they have received the official confirmation coming from the Libyan PM al-Baghdadi Ali al-Mahmudi that the Libyan state investment fund will be funding around 30 million Euros required to finish the new Stozice sport and shopping complex located with Ljubljana, Slovenia. The said shopping complex was opened last August which likewise contains a basketball arena and football stadium.

Zavarovalnica Triglav, the leading insurance company within Slovenia will be transferring its subsidiaries in the Balkans to a new holding company Triglav International wherein it is at present, searching for a strategic partner. The chairman of Triglav has expressed that there is keen interest. Chairman Matjaz Rakovec, told the press in an interview last Thursday that they will soon have a decision on a strategic partner for Triglav International. As claimed by the chairman, the insurance company needs a strategic partner to disperse the risk since it is noted that majority of the Balkan insurance market are underdeveloped.

Termoelektrarna Sostanj that operates the biggest thermal power plant in Slovenia recently arranged a credit guarantee facility for 110 million euros or $143 million. The said facility which will have its first maturity of five years will be utilized to back a loan from the European Investment Bank intended to develop a new 600 megawatt unit. The coordinator as well as the arranger of the deal is the Intesa Sanpaolo SpA. Other arrangers of the transaction are the Bank of Tokyo-Mitsubishi UFJ Ltd., Caja de Ahorros y Monte de Piedad de Madrid, Zweigniederlassung Wien, Societe Generale SA and UniCredit SpA.

Termoelektrarna Sostanj which is owned by Slovenia’s biggest power producer plus wholesale retailer Holding Slovenske Elektrarne produces approximately one third of the country’s energy.

Perutnina Ptuj, a Slovenian food maker is planning to buy the Agroziv which is a Serbian agribusiness firm which is currently going through bankruptcy. Agroziv is a company based on the Serbian city of Pancevo has an estimated value of 35.4 million euros or $46.6 million which is according to Stevan Moldovan, the person monitoring the bankruptcy process. Nova Ljubljanska Banka, Slovenian’s biggest bank is among the owners of Agroziv.

Akbar Al Baker, the CEO of Qatar Airways stated that their company will not be taking over Adria Airways. Recently, the two CEOs from Adria and Qatar Airways met at Doha to talk about their likely partnership. Al Baker not claimed that they want to focus on running their business and expand their fleet and destination network.

On the other hand, Lufthansa has expressed their interest in getting the 49% shares in Adria according to the Slovenian “Finance” portal. But Lufthansa has to deal with the rigid scrutiny from the European Commission’s anti monopoly body if it is truly interested with buying the shares of Adria.

The German national carrier was forced to give up some of its frequencies on specific routes like Vienna, London and Brussels after it bought the Austrian, Brussels Airlines and BMI.

Just like other national carriers, Adria Airways is projected to end this year with substantial financial losses. The Slovenian Government has expressed their desire to sell the company’s share in the early part of 2011.

Svetlyak, a Russian patrol ship was under put under Slovenian navy orders, as a way of the USSR to pay debt to the former Socialist Federal Republic of Yugoslavia. It was placed under the Slovenian Fleet with the ship name Triglav. This is in honor of the highest point within the Balkan state. The ship will likewise serve as a protection for the 43-kilomter coastline of Slovenia.

The total cost of “Triglav” is said to reach 35 million dollars which even didn’t reach half the total debt of Russia to Slovenia which is about 129 million dollars. The ship was made by Almaz, a shipbuilding company.

At present, the Slovenian government is looking for a strategic partner for their national carrier, Adria Airways. After the airline was given 2.5 million Euros lately plus an additional of 7.2 million to its subsidiary, shareholders of the airlines want to get rid of the 49% shares of the airlines. Based on the report of Slovenian “Finance” magazine, Qatar Airways has expressed its intention in buying the shares of Adria Airways. The CEO’s of both airlines namely Tadej Tufek and Akbar Al Baker, met in Doha lately to discuss about the probable partnership between the two companies. The discussion was said to be productive and successful.

Qatar Airways is among the most successful airlines across the world that has 83 aircraft in its fleet and an additional of 144 on order which includes the Airbus A380, A350 and the Boeing Dreamliner. Although Adria Airways claimed they had increase in the number of passengers, the finances was quite battering this year. They claim to have lost 13 million Euros just in 2010. The decision of whether Qatar Airways is to take over the national carrier of Slovenia will probably be concluded during the early months of 2011.

Tom Tailor, a German fashion company will be expanding their retail operations without southeast of Europe after they have invested around 5 million euros or 6.8 million dollars for a joint venture with Sportina Bled, a Slovenian based company.

The said deal will concentrate on Croatia, Slovenia and Serbia wherein Tom Tailor is projected to get 23 franchise stores with the goal of operating them as fully-owned retail stores. Furthermore, there will be five stores to be added this year on Zagreb, Split and Ljubljana plus another 20 stores by the end of year 2013. This will triple the fashion company’s retail presence from 51 stores in June to around 147 stores by the end of October.

Tom Tailor will handle 51% while Sportina Bled will handle the remaining 49% of the joint venture. Since year 2000, Sportina has been Tom Tailor’s regional distributor.

Mercator, a Slovenian company will be investing 80 million Euros in a store chain located in Bulgaria this year 2012. Mercator-B EOOD, which is Mercator’s local subsidiary, stated last Wednesday that they will invest 4 million EUR for the opening of the very first “Roda” megamarket in Bulgaria.

The Roda store located in Sofia is scheduled to open next week with a land are of 4000 square meters. It will be employing around 100 people as declared by the manager in Mercator-B EOOD, Branko Micic.

At the end of 2010, the Slovenian company is planning to invest a total of 10 million Euros in Bulgaria in four Roda stores. The second Roda megamarket will open this November 2010 situated in the new Varna Towers mall in the Black Sea city Varna. The third branch will be at the Galeria Mall in Stara Zagora. On the other hand, the existing Mercator hypermarket in Stara Zagora will be renamed as a Roda Store.