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BUSINESS BRIEFS

Final price for VÚB to be set

Closing day on a purchase deal allowing Italian bank IntesaBci to take an almost 95% stake in Slovak state bank VÚB was to be known by the end of the third October week; the proposed price of 550 million euros may be adjusted upward or downward on the basis of Intesa's recent audit of VÚB.

The finance house, the second largest in Slovakia, was sold in June this year. It was the second of three state banks to be sold off following the successful December 2000 sale of Slovenská sporiteľňa. The third, IRB, has attracted a $14 million bid from Hungary's OTP Bank.

Top stories

Slovak AeroMobil starts taking pre-orders for its flying car Photo

The company is losing a key figure – inventor Štefan Klein.

Prince Albert II of Monaco (r) and Juraj Vaculík, CEO and co-founder of AeroMobil, unveiled the latest prototype of a flying car in Monaco on April 20.

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas

Suicide game does not exist and visa-free regime for Ukrainians is not a lie

The Slovak Spectator brings you a selection of hoaxes from the past two weeks.

There is no computer game that makes people commit suicides.