Spectator on facebook

Spectator on facebook

CORPORATE BRIEFS

Slovakofarma reports net earnings of 224 million Sk at end of 3Q98

Slovakofarma Hlohovec, Slovakia's biggest pharmaceuticals producer, earned a net consolidated profit of 224 million Sk ($6.2 million) over nine months of this year, which is 53 million Sk up on net profit for 1H98. Before-tax profits were 399 million Sk ($11.08 million) on sales of 3.591 billion Sk ($100 million).

Slovakofarma's net profit last year was 344 million Sk, down 169 million Sk from 1996. Sales in 1997 were 4.57 billion Sk. The company's commercial plan for 1998 counts on consolidated sales of 5.5 billion Sk, and consolidated earnings are planned at 550 million Sk. Investments, including leasing, are to swallow up to 400 million Sk.

Slovakofarma is the largest, oldest, and most important pharmaceuticals company in Slovakia, and its domestic market share is 15%. It is one of the six largest pharmaceuticals companies in central and eastern Europe.

Top stories

Slovak Christmas - traditional and new Photo

A chain around the table legs and waiting for a golden pig. Some old Christmas traditions survive to this day and others have disappeared.

Culture minister resigns from post as deputy chair of Smer

His replacement is expected to be elected at the December party congress.

Culture Minister Marek Maďarič

Peace, joy and good cheer pack a punch in the streets of Bratislava and its regions. Wassail! Photo

As well as the city centre, individual boroughs are hosting Christmas markets this year; the nearby Schloss Hof is offering a Christmas programme too.

Christmas atmosphere on Hviezdoslavovo square

Sledging run opens in the High Tatras Photo

The sledge track will be 2.5 kilometres long, all the way from Hrebienok to Starý Smokovec.

Hrebienok-Starý Smokovec sledge ride