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CORPORATE BRIEFS

J.P. Morgan to lead manage SE eurobond issue

Energy utility Slovenské Elektrárne (SE) announced on September 7 that J.P. Morgan would be the chief manager of its upcoming eurobond issue. SE chose J.P. Morgan from among 16 participants in an international tender. The state-owned utility has announced neither the volume nor the date of the planned bond issue.

Slovenské Elektrárne ended the first half of this year with a massive 3.3 billion crown loss, compared with a profit of one billion crowns for the same period in 1998. The result chiefly reflects 1H99 losses from financial operations, which jumped from 0.5 billion crowns in 1998 to 5.4 billion crowns this year because of a rapid fall in the value of the Slovak crown.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.