The merger between Slovenia
's port operator Luka
Koper and shipping firm Intereuropa is expected to take place on July 1, according to Luka Koper officials
. The new firm will be called Glo
balni Logisticni Servis (GLS).
Most issues related to the planned merger were resolved at a recent meeting of Luka and Intereuropa with
government representatives, officials said. The issues included transfer of the state's shares in Luka to GLS and lease of state-owned land used by Luka. The state would have a 35.7 percent stake in GLS, compared with 51 percent now.
The final decision on the merger will be made at shareholders' meetings of both companies, probably in April.