As publicly announced on November 9, 2017, Gorenje Group is embarking on an active search of a suitable strategic partner who would back the Group in its long-term and sustainable growth and development, which could also lead to such partner’s participation in the company’s ownership structure. To support these activities, Gorenje Management Board appointed Rothschild S.p.A., Italy, part of the reputable international investment bank Rothschild & Co, as its financial advisor, and the law firm Jadek & Pensa of Ljubljana for legal support in the process. Activities will be presumably completed by the end of the third quarter of 2018. Gorenje will release more details in case of any specific further steps or if the activities are completed.