Antitrust Office fines gas transmitter

THE SLOVAK Antitrust Office (PMÚ) has imposed a fine of Sk98.9 million (€3.282 million) on eustream, a member of the gas company SPP group, which transmits gas from Russia to Western Europe, for abuse of its dominant market position.

20. oct 2008
Slepé lásky (Blind Loves) - director Juraj Lehotský.

Slovakia hopes for Blind luck at Oscars

Director Juraj Lehotský’s Slepé lásky (Blind Loves) has been selected by the Slovak Film Academy to represent Slovak cinema at the 81st Oscar awards in Los Angeles in February 2009.

Kristína Kúdelová 20. oct 2008
The popularity of the Naša Bratislava event is increasing.

When firms are part of the community

AN OLD proverb says that if someone wants bad things to befall someone else, all the first person has to do is wish a bad neighbour on him.

20. oct 2008

Hotels riding Eastern Slovak industrial boom

The age-old rivalry between Western and Eastern Slovakia always ends in a draw, and the hotel business is no different. A year from now, one five-star hotel will have opened in the capital, while another one will adorn the High Tatras. A number of other high-end projects are being prepared across the whole country, with no area suffering from lack of interest.

20. oct 2008

Pezinok gets dumped on

A massive garbage dump to be located near the center of the town of Pezinok has been given final approval by the state authorities, leaving a court case as the only legal option for opponents of the project.

20. oct 2008

Not on my watch

A new guard contingent of 45 Slovak troops left in early September for Tarin Kowt, the capital of the southern Uruzghan province about 150 kilometers north of Kandahar, where Slovakia already has some 70 troops. Their assignment will be to look after 1,200 Dutch men and women in Camp Holland.

20. oct 2008

Minister spits profanity, racial jibes

Justice Minister Štefan Harabin swore at an opposition MP and taunted him about his Jewish ancestors in a parliamentary outburst that was censured even by his coalition partners.

20. oct 2008

The true face of government

STATE budgets are probably one of the best snapshots of a government’s true face. The numbers often say more about political priorities than impassioned speeches, party manifestoes packed with utopian ideas or blacklists of public bogeymen. Far too often, promises are blown away by the cold autumn wind as soon as the final talks over the state budget near parliament.

20. oct 2008
BEZ Group CEO Juraj Šmatlík is not the impetuous type.

Gratification delayed

The headquarters of the BEZ Group transformers producer in Bratislava could use more than just a lick of paint. The executive parking lot is a patchwork of cracked asphalt, while the main office building, a stodgy Communist low-rise on the outskirts of the Slovak capital, advertises space for rent. Inside, the furniture and fittings date back to the 1970s.

20. oct 2008

Population crisis in view

The European Commission’s statistical arm, Eurostat, predicts that there will be nearly 850,000 fewer people living in Slovakia in 2060 than today.

20. oct 2008

Bratislava will not suffer Prague’s fate

Slovakia’s first five-star hotel – if one doesn’t count the Arcade boutique hotel in Bratislava – will be the Grandhotel Kempinski in Štrbské Pleso in the High Tatras mountain resort. Kempinski Slovakia director Konstantin Zeuke talked about his company’s prospects at a time when the hotel business seems to be entering a downturn.

20. oct 2008
Dalibor Karvay

Karvay wins violin competition

DALIBOR Karvay took first place from among nearly 100 talented violinists from around the world at the David Oistrakh International Violin Competition in Moscow. During the demanding competition, held at the Moscow Conservatory between September 29 and October 8, the young musicians had to show their abilities in three rounds, playing virtuoso works by Paganini, Bach, Mozart, Beethoven, Brahms, Prokofiev and others, the Feeling agency said in a press release.

20. oct 2008

The new face of activism

They are leading the movement to save Vegetka and Diétka, popular vegetarian restaurants in Bratislava which could be forced to close by the end of the year. The city leases floor space to the restaurants, which are housed in the Motešický Palace on Laurinská Street, but CDC, a real estate developer, owns a majority of the apartments in the building. Hodál and Kadašiová contend, and several media reports have confirmed, that CDC is pressuring all the occupants to move out so it can acquire the entire building from the city and take it upscale.

20. oct 2008
The real estate boom in Slovakia has been fuelled by genuine customer demand, according to analysts.

Mild bubble maybe, but no catastrophe

ALTHOUGH the current mortgage crisis might tighten the conditions under which mortgages are provided in Slovakia, no dramatic changes or steep growth in prices are expected. As mortgage products are still relatively new in Slovakia, in contrast to the situation in the US, they have been granted only after careful inquiry into the borrower’s ability to pay. Moreover, the overall loan exposure of Slovaks is still very low compared to western countries.

and 1 more 20. oct 2008
Banks, large, and medium-sized companies are well prepared for the euro switchover, said Igor Barát.

The hardest part is yet to come

BANKS have been preparing for Slovakia’s adoption of the euro for more than two years. Now they, as well as the National Bank of Slovakia and the government proxy for euro adoption, say that the conversion process should occur smoothly, unthreatened by major risks.

20. oct 2008

Police in turmoil

Michal Hrbáček, a former secret service agent who allegedly organized the kidnapping of the former president’s son in 1995, was taken into custody on September 12 as an investigatio into shadowy commando units of current and former policemen continued (see story, Phone call lands former SIS officer in hot water).

20. oct 2008
Petronela Kolevská

STV stung by talk of crisis

CURRENT and former managers of the public broadcaster Slovak Television (STV) have spoken out recently about the dire financial situation at the station, which they attribute to gross mismanagement.

20. oct 2008
Actor and tiger-cub 'godparent' Ján Kroner with one of the white tiger cubs.

Zoo unveils white tiger cubs

BRATISLAVA Zoo marked World Animal Day a week late on October 11 by naming two Indian white tiger cubs that were born in the Slovak capital on August 25.

20. oct 2008

Countrywide Events

Western SLOVAKIA Bratislava CONCERT:ENGLISH pop, rock and folk singer James Blunt is visiting Bratislava during his autumn tour on October 26. This award-winning singer soared to fame with his hit single You’re Beautiful in 2005 and has charmed the public with his melancholy but unsentimental songs ever since. This concert promoting his second album All the Lost Souls will take place at the Incheba Expo Arena at Viedenská cesta 3-7, starting at 20:00. Tickets cost between Sk1,099 (€36.48) and Sk1,499 (€49.76). For more information, call 041/5004-136 or go to www.vivien.sk.

20. oct 2008

Yacht leak plugged

After a long investigation, the National Bank of Slovakia (NBS) said in early September that no information concerning the revaluation of the Slovak crown had been leaked earlier this year, even though Finance Minister Ján Počiatek (above, left) was spotted on a Monaco yacht with a partner in the J&T financial group shortly before the currency was revalued.

20. oct 2008
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