Spectator on facebook

Spectator on facebook

VÚB acquires majority in leasing company

VÚB Banka signed a contract on July 20 to purchase a majority stake in the leasing company B.O.F. According to the SITA newswire, the bank concluded a preliminary agreement for the deal in September 2006.

The deal in the leasing sector comes on the heels of the bank's shoring up its position in the consumer loan sector by creating the subsidiary Consumer Finance Holding.

The transaction must still receive clearance from Slovakia's Antitrust Office and Italy's central bank.

Neither company revealed the terms of the deal.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Wooden toothbrushes prompt small-scale industrial revival in Bratislava Photo

To begin with, young enthusiast Roman Kovács just wanted to change his local environment for the better, and to help people.

Roman Kovács wants to renew production of wooden toothbrushes in Bratislava.

Blog: HR Marketing: Not everybody can be Google!

It is important to know who your target audience is and the position you aspire to achieve as an employer on the market.

Illustrative stock photo

The idea of Slovakia

What does this country stand for? Slovaks could – and should – shout a little louder about what they have achieved, and where they want to go.

D1 highway, illutsrative stock photo

Amazon chose Slovakia for its top returns centre Photo

The online retainer lures its future workers by wages and benefits.