BUSINESS SHORTS

Regulator approves heating price hike

PRICES for heating rose by 5 to 6 percent on average as of October 1 after the energy market regulator factored in rising global oil prices to household heating rates.

Miroslav Lupták, spokesman for the Bureau for the Regulation of Network Industries, said that the regulator had approved heat price increases for all 92 heating plants that applied.

"Heat prices were set for 2006 with reference to a nine-month average price for Brent crude of $60.1 per barrel and an exchange rate of 31.5 crowns to the US dollar. However, the actual price is $63.8 per barrel while the exchange rate is 30.5 crowns to the dollar," Lupták said.

Heating prices for households rose 17 percent on average at the beginning of this year.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Šefčovič will run for president

Our country needs good and non-partisan president, he said.

Maroš Šefčovič

Theresa May at least has the courage to try

May keeps her job because nobody else is capable, or willing, to take on the impossible task of Brexit.

Theresa May

‘All his own work’

To preserve their credibility, real academics must call out plagiarism.

Speaker of Parliament Andrej Danko

Biathlete Kuzmina triumphs in the women’s 10km sprint

It is her second World Cup victory this season.

Anastasiya Kuzmina