The sum will allow the holding to exercise its pre-emptive right to purchase private fund York's share in Slovenian tourism company Sava. This would prevent the sale of the share to Prestige Tourism, a company backed by a Hungarian fund.

Prime Minister Janez Janša said the government's intention is to consolidate and concentrate ownership and then find a strategic partner to invest in Slovenia's tourism assets.

Sava owns hotels and accompanying infrastructure at several prestigious locations in Slovenia, including Portorož and Bled. Many consider them to be of vital strategic importance to Slovenia's tourism industry.