Spectator on facebook

Spectator on facebook

IN SHORT

Slovnaft to pay out Sk7.8 billion in dividends

AT AN ANNUAL general meeting on April 24, the shareholders of crude oil refinery Slovnaft agreed to pay dividends of Sk377.5 per share for last year, representing 37.75 percent of the par value of each share. In total Slovnaft will thus pay out Sk7.8 billion (€207.3 million) in dividends.

Last year the refinery's net profit was Sk8.7 billion on output of Sk93.2 billion, which was a 23.3 percent growth year-on-year, the SITA news agency wrote. Sales exceeded Sk17 billion, and the company generated added value of Sk17.6 billion, a decrease of 8.4 percent year-on-year. The majority shareholder in Slovnaft is the Hungarian concern MOL, which controls a 98.4 percent stake in the Slovak refinery.

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.