SloveniaThe Slovenian state-owned steel group Sij reported a significant decline in financial performance for the year 2025, with revenues falling by 11.9% to €930 million due to challenging market conditions. The company’s EBITDA dropped to €10.4 million, while losses increased sharply from €46.4 million to €117.7 million. In the first half of 2026, revenue fell by 5% compared to the same period last year, and net losses rose by nearly 60%. Despite these challenges, management noted a gradual improvement in key operational indicators since the lowest point of operations in late 2025. The company is responding to difficult conditions in the European steel industry through financial and operational restructuring, including reducing staff numbers and adopting best practices in work processes. It is also seeking a strategic partner.
Bias read (Center): The article provides a factual report on the financial performance of Sij, a state-owned enterprise, without overtly favoring any political side. While the involvement of the state implies some political context, the focus is primarily on economic data and corporate strategy rather than political st
