Gas utility SPP to pay out Sk19.9 billion

THE GAS utility Slovenský plynárenský priemysel (SPP) closed last year with an after-tax profit of Sk20.6 billion (€549.3 million), down 4.6 percent year-on-year, while its revenues increased 15.2 percent to Sk93 billion (€2.5 billion).

The company's shareholders decided at a general assembly meeting on May 16 that Sk19.9 billion from last year's profits will be paid out in dividends, the SITA news agency wrote.

The state owns a 51 percent stake in SPP and will thus collect Sk10.1 billion (€269.3 million) in dividends.

According to SPP's economy and finance division director, Libor Briska, SPP will pay a total of Sk15.5 billion to the state, of which Sk5 billion is in corporate income tax.

The shareholders also decided that SPP's unbundling will be carried out on July 1, when SPP's 100-percent subsidiaries, the gas transit company SPP-Preprava and the gas distribution company SPP-Distribúcia, will launch operations.

Top stories

Experts propose another week of lockdown and one new measure

The coronavirus situation in Slovakia has not improved.


3 h
Kino Lumiére often screens gems of the Slovak cinematography.

No popcorn here! Bratislava’s well-known cinema has been on the scene for a decade

Being welcoming towards minorities or disadvantaged groups is a given for the cinema.


30. nov
Trenčín covered in Christmas lights on November 29, 2021.

Weekend: Ježiško's Christmas Post Office is open, expecting letters from around the world

Make yourself comfortable and explore what has been going on in Slovakia in the past days.


3. dec
New markings for parking places in Petržalka.

Bratislava launches registration for regulated parking scheme

The city-wide parking policy will start in the first three zones on January 10, 2022.


3. dec
Skryť Close ad