Creditors accept ownership changes at Nafta Gbely

The creditor banks of gas storage firm Nafta Gbely have accepted both the company's recent ownership changes and its financial recovery plan.

An October 1 meeting in Vienna between the creditor banks, Slovak FNM state privatisation agency officials and Nafta Gbely representatives produced agreement over a recent set of changes at the gas firm. According to the deal, a 45.9% stake in Nafta will be transferred to the FNM's account, following which the Slovak gas utility SPP will help to restructure Nafta Gbely's finances.

The FNM and SPP, as the future owners of a controlling interest in Nafta Gbely, pledged to protect the interests of creditor banks by making changes to the management.

Get daily Slovak news directly to your inbox

Top stories

Hospital manners expose the toxicity of Kollár

Unjustified privileges overshadow some good news of the coalition's work. Halloween testing will not be repeated during advent time.

PM Igor Matovič (l) and Speaker of Parliament Boris Kollár

Sulík’s party benefits from the dispute with PM Matovič

The Hlas party of former PM Pellegrini is rising, too.

Economy Minister Richard Sulík (l) was charged by PM Igor Matovič (r) to purchase millions of antigen tests.

Highway company has to return more than €115 million to the state

It violated rules while constructing four sections of the D1 and D3 highway.

The construction of the D1 highway stretch between Lietavská Lúčka and Dubná Skala in March 2019.

Investors pursued projects and transactions despite the virus

Investors pursued projects and transactions despite the virus. Check out the 2020 investment highlights from Slovakia.

The visualisation of new Istropolis building