Spectator on facebook

Spectator on facebook

Business Briefs

October core inflation drops to 0.5%
New structure of SCP approved by shareholders
Slovnaft's EFPA complex reduces sulphur emissions

October core inflation drops to 0.5%

Core inflation decreased by two percentage points to 0.5% in October as net monthly inflation during the month stood at 0.2%, down on September's 0.5%, the Slovak Statistics Office said.
Year-on-year inflation stood at 8.5% in October a drop from September's 8.7%. Average inflation for the first ten months of this year was 12.8%.


New structure of SCP approved by shareholders

Shareholders of pulp and paper firm Severoslovenské celulózky a papierne Ružomberok (SCP) at a special meeting November 9 approved a new structure for the firm.
The SCP board of directors and the supervisory board will, except for Eco-Invest a.s. Ružomberok, include representatives of the new 50% shareholder Austrian company Neusiedler, new president of SCP Ján Líška said.
Neusiedler will have three representatives in SCP's new board of directors - chairman and vicechairman of the board of directors of Neusiedler, Michael Sablatnig and Gunter Hassler respectively, and Otto Pichler.


Slovnaft's EFPA complex reduces sulphur emissions

The Environmental Fuel Project Apollo (EFPA) complex at crude-oil refinery Slovnaft has reduced sulphur dioxide emissions by 60%, the firm said in a statement November 10. The refinery put the complex into full operation in April. While in March emissions of sulphur compounds amounted to 2,434 tons, in May the figure had fallen to only 1,141 metric tons. Emissions in September were 595 metric tons.
Vlasta Pastušáková, director of Slovnaft's department for environment protection, said that Slovnaft's annual emissions of sulphur compounds should fall to below 10,000 tons.


Compiled by Ed Holt
from SITA

Top stories

EU roaming fees to end on June 15 – in theory

Slovak customers still waiting to find out how mobile operators will implement change.

Archaeologist pieces together early history of what is now western Slovakia Photo

For an archaeologist, the most important thing is his most recent rare discovery, says Július Vavák.

Students visited Svätý Jur as part of their European Wanderer project

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár