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CORPORATE BRIEFS

Slovak Telecom turns 902 million Sk profit in 1998

Slovak Telecom (ST) made a net profit of 902 million crowns ($21 million) in 1998. Its operating income was 16.97 billion crowns, and its operating costs were 9.5 billion crowns. Štefan Bugár, vice-chairman of the ST Board of Directors, announced these results at a June 29 discussion forum on the telecom privatization.

Last year, ST made investments of 9.64 billion crowns, while shareholder equity slumped to 22.58 billion crowns as of December 31, 1998 from 24.74 billion crowns at the end of 3Q98.

Top stories

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Southern Slovakia will face heat again

The first-level warning is issued for the 16th and 17th.