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BUSINESS BRIEFS

IRB sale to close in December

The privatisation of Slovakia's Investment and Development Bank (IRB) to Hungary's OTP Bank should be confirmed in the first week of December, Finance Minister Brigita Schmögnerová has said.

Cabinet on November 7 approved the sale of a 92.5% stake in the finance house for Sk700 million. OTP, founded 50 years ago, has market share of 23% in Hungary.

IRB posted a loss of Sk193 million for the first three quarters of this year.

Top stories

Problematic highway stretch, Turany-Hubová, will go via Korbeľka tunnel

This variant is more environmentally friendly compared with the surface variant originally planned.

Landslide during construction of the highway near Šútovo in 2013.

Talent is not always enough - sport is an expensive hobby

Promising young athletes often do not have the chance to bring their talent to the next level due to lack of funds.

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.

Adient technology centre announces major growth phase

It is looking for product designers, engineers and test technicians.

Designing new components in Adient in Trenčín.