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CORPORATE BRIEFS

Slovakofarma Hlohovec results worsen year-on-year

The drug producer Slovakofarma Hlohovec achieved worse economic results during the first half of 1998 than in the same period of 1997. According to international accounting standards (IAS), it attained a consolidated net profit of 171 million Sk ($4.89 million), which is 75 million Sk ($2.15 million) less than in 1997. The profit figure is similar to that of the first quarter of 1998. The company's revenue was 2.35 billion Sk ($67.14 million), 325 million Sk ($9.29 million) less than in 1997.

Top stories

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Germans will distribute cars from Nitra’s JRL plant

The state-run freight carrier Cargo did not succeed in its bid, but is still discussing the distribution of suborders with the German firm.

Jaguar Land Rover’s construction site

Ministry: Law against puppy farms affects honest breeders

The recently passed law, clamping down on puppy farms will have serious consequences for honest dog breeders and state employees.

Illustrative stock photo.

Mihál leaving SaS

Behind his decision is disagreement with the stances of party chair Richard Sulík.

Jozef Mihál (l) and Richard Sulík (r)