Spectator on facebook

Spectator on facebook

SAD bus profits rise

COMPANIES of the public bus transporter Slovenská Autobusová Doprava (SAD) made a profit of Sk201 million in 2001, a nearly four-fold increase over the previous year, said Ján Vrba of the Bus Transport Association.

Overall revenues reached Sk8.6 billion in 2001, a year on year increase of 12 per cent, said Vrba. Sales from transport activities saw a year on year increase of 10.8 per cent to Sk5.5 billion, largely due to an average 20 per cent fare increase in commuter transport.

Vrba characterised SAD's performance as stable, and attributed the profit mainly to non-transport activities. Long-distance domestic service, international service and non-regular lines were the most profitable among transport activities, while commuter transport and city transport, both of which are subsidised, lost money.

Binding offers on two of the 17 firms associated under SAD were received on February 21.

Top stories

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.

Slovak water slalom racers won seven medals

Young Slovak talents made the hearts of sports fans race with their performance at the World Championship in water slalom.

Marko Mirgorodský

Austrian Ambassador: The normalisation of our relations has grown

Most people want the EU to exist in the future – we just have to mobilise this majority and not take things for granted, says Austrian Ambassador to Slovakia Helfried Carl in an interview with The Slovak Spectator.

Austrian Ambassador Helfried Carl

Fico for better fish fingers

It’s true that in the past four months, Mr Fico has been comparatively less busy than his Visegrad Group partners.

Austrian fish fingers angered PM Fico.