Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Court to start bankruptcy proceedings

THE BRATISLAVA I District Court is set to begin bankruptcy proceedings for the Slovenské Aerolínie (SA) airline.

Court President Gabriela Buľubašová said that the decision would take effect the day it is published in the Commercial Bulletin. The court will then have five days to declare the company bankrupt and appoint a receiver of assets in bankruptcy. The receiver will be selected randomly by computer from a list of 53 receivers registered with the Justice Ministry for the Bratislava I District Court.

Slovenské Aerolínie filed for bankruptcy on March 2. At the end of January, the Slovak national carrier cancelled all its regular flights from Bratislava to Brussels and Moscow. The company's majority shareholder, Austrian Airlines (AUA), took back the two planes it had made available to the Slovak airline company.

The Austrian company says it halted operations in SA because the Slovak government has been reluctant to pay Sk171 million (€4.9 million) in "hidden liabilities."

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

Kio li estas? Liptov welcomed Esperanto enthusiasts Photo

Biggest Esperanto summer school takes place in Liptovský Mikuláš.

Slovakia has extradited Yandiev to Russia

Despite the UN decision, the country sent Ingushetia citizen Aslan Yandiev to Russia where he is wanted for alleged terrorism crimes. It cites the stance of the ECHR.

Illustrative stock photo

More reasons to stay

Excluding people doesn’t just affect those who choose to leave.

Creator of the Krav Maga self-defense system was from Bratislava Photo

The versatile athlete Imi Lichtenfeld finally has a memorial plaque in the Slovak capital.

Unveiling of the commemorative plaque: curator Michal Vaněk, Yaron Lichtenstein, BKIS director Vladimír Grežo and Museum of Jewish Culture's director Pavol Mešťan, from left.