Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

SPP nets Sk24 billion in 2006

SLOVAK GAS utility Slovenský Plynárenský Priemysel (SPP) posted a net profit of Sk24 billion (€706 million) in 2006, which is an increase of Sk3.6 billion (€107.5 million) since the year before, SPP executive board chairman Jan Massmann announced on May 29.

SPP's profit was largely influenced by the company's profits from financial operations, which were Sk6 billion (€180 million) higher than in 2005. The financial results were also positively influenced by higher interest rates in Slovakia, higher dividends from SPP's daughter companies and hedging operations employed to guarantee against currency risk.

Top stories

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico