Spectator on facebook

Spectator on facebook

CORPORATE BRIEFS

Inspection at Slovenská Poisťovňa shows legal violations

The results of an inspection at Slovenská Poisťovňa, the largest Slovak insurance house, initiated by Finance Minister Brigita Schmögnerová, showed gross violations of laws and ineffective handling of the insurance company's finances, Schmögnerová told a news conference on December 8.

At the moment, Poisťovňa's claims towards steelmaker VSŽ Holding amount to 50 million Sk ($1.4 million), while companies close to VSŽ, particularly Ferrimex and ARDS, owe the insurer 450 million Sk ($12.6 million) and 200 million Sk ($5.6 million) respectively. "Slovenská Poisťovňa has also signed contracts on time deposits with Istrobanka at low interest rates," Schmögnerová said, illustrating her point with the example of a 590 million Sk deposit at 5% interest.

The Finance Ministry will submit the results of the inspection to a white collar economic crime unit.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).