BUSINESS BRIEFS

EBRD approves part of SE credit

The European Bank for Reconstruction and Development (EBRD) has approved a credit line for power monolith Slovenské elektrárne (SE).

The project, approved by the bank November 15, gives a guarantee for a seven-year credit up to $75 million and a five-year credit worth $90 million, to be covered by long-term contracts SE has for electricity supplies for Slovalco. With Norsk Hydro the EBRD holds a majority stake in the Slovak smelting company.

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News digest: Slovakia opens more testing sites

Slovaks smoke less than 10 years ago. Former tennis player who skipped the vaccination line helped at a hospital.

Journalists' dilemma over the case of the charged Jaroslav Haščák

Investigative reporter Adam Valček writes about what he learned during the Kuciak murder trial and how it applies in the case of the charged co-founder of Penta.

Jaroslav Haščák

Drop in car production lower than expected

Carmakers manufactured 11 percent less cars than in 2019.

Carmakers in Slovakia also produce electric battery and hybrid car models.