Spectator on facebook

Spectator on facebook

CORPORATE BRIEFS

Pipeline operator Transpetrol with 500 million Sk gross

State-owned crude oil pipeline operator Transpetrol reported a gross profit of just under 500 million Slovak crowns ($12 million) nine months into 1999. The company's revenues totaled 1.63 billion crowns against costs of 1.13 billion crowns. Transpetrol Director Stefan Czucz said the results were in line with the firm's 1999 financial plan.

Transpetrol operates and administers Slovakia's crude oil pipeline system. Beside the parent company, Transpetrol, three affiliates operate in Slovakia: Transpetrol-Tranzit, Transpetrol-Trading, and Transpetrol-Service. Transpetrol's share assets are 1.9 billion crowns, and it employs 474 people. The company transports Russian crude oil through Slovakia's pipeline network and secures its storage and the environmentally-acceptable operation of the system. The company is state-run because of its strategic importance to the economy, and is excluded from privatization.

Top stories

12 places where you can see the works of one of the best medieval wood carvers Photo

The works of the renowned Master Paul are not limited just to Levoča.

St Geirge Curch in Spišská Sobota

Ukrainian caught beauty of Nitra in video Video

The city under Zobor is beautiful also from a bird’s perspective.

Heatwaves to continue in Slovakia over the following days

More than 40 people collapsed due to hot weather on Thursday.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between July 21 and 30, including a castle festival, a parkour meeting, a hip-hop dance and music festival, a festival of minorities, a special run,…

Onyx will perform at the Legits Blast event in Banská Bystrica