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Corporate profits jump 60% over last year

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.

Analysts welcomed a 60% rise in non-financial corporate profits in the same period, as larger firms became healthier and troubled firms dropped out of the market, perhaps as a result of Slovakia's toughened Bankruptcy Law.

Top stories

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.

Slovak water slalom racers won seven medals

Young Slovak talents made the hearts of sports fans race with their performance at the World Championship in water slalom.

Marko Mirgorodský

Austrian Ambassador: The normalisation of our relations has grown

Most people want the EU to exist in the future – we just have to mobilise this majority and not take things for granted, says Austrian Ambassador to Slovakia Helfried Carl in an interview with The Slovak Spectator.

Austrian Ambassador Helfried Carl

Fico for better fish fingers

It’s true that in the past four months, Mr Fico has been comparatively less busy than his Visegrad Group partners.

Austrian fish fingers angered PM Fico.