The profits of financial and non-financial companies in Slovakia hit 93.6 billion crowns ($1.96 billion) in the first half of 2001, according to the statistics office, a rise of 45.5% against the same period last year. Particularly encouraging was a 60% rise in non-financial corporate profits in the same period, analysts said, as larger firms were becoming healthier and troubled firms were dropping out of the market, perhaps as a result of Slovakia’s toughened Bankruptcy Law.
Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
14. Sep 2001 at 9:13