Penta, J&T increase holdings in Slovnaft refinery

A consortium of financial powers - Penta Group and J&T Finance - were confirmed as the holders of 7.98% of shares in the Slovnaft refinery, making the pair the third largest shareholder in Slovnaft.

A 36% share in the Slovak refinery was sold to Hungarian oil and gas company Mol last year, and the group is expected to up that stake to a majority one either this year or early next.

The Restitution and Investment Fund July 24 also sold its 1.28% stake in Slovak refinery Slovnaft to the Cyprus-based Trim Luffer Ltd. It was reported that the same group had bought the 7.98% stake from the FNM privatisation agency for Penta and J&T Finance.

Get daily Slovak news directly to your inbox

Top stories

UPDATED: Nationwide testing for COVID-19 is on

Long queues have formed in front of most testing points since early morning. Some drive-through sites closed in Bratislava

Testing in Trenčín, western Slovakia

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov

Afraid of testing? Minimise your risk of infection with these test day tips

Coughing is the most dangerous part of the testing process.

Zborov, the Bardejov district

The big test is upon us. What are we to do?

For a foreigner living in Slovakia, there is yet another concern.