Spectator on facebook

Spectator on facebook


Globtel reports FY98 loss of 2 billion Sk

Globtel GSM reported a projected loss of 2.081 billion Slovak crowns on revenues of 4.1 billion crowns in 1998. Exchange rate losses of 2.5 billion crowns, as well as the necessity of creating 452 million crowns in reserves against future currency devaluations, had the greatest impact on Globtel's bottom line.

Globtel Financial Director Juraj Koman said he expected 1999 results to be in the black, even though the company's business plan did not call for profit until 2001. Koman said that the "unexpected interest of the public in the services of Globtel GSM" were behind the sooner-than-expected profits.

Top stories

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.

No fees bring higher summer roaming

EU regulation raises the volume of roaming calls and data with Slovak mobile operators .

People should pay attention on used data abroad.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness