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CORPORATE NEWS

Petrimex gains Iraqi crude contract approval

The Slovak crude trading company Petrimex was allocated 1.8 million barrels of Iraqi Kirkuk grade crude oil under the fourth phase of the "oil-for-food" deal after being approved by the United Nations, an industry source said on June 30. Eric Falt, spokesman for the U.N. humanitarian co-ordinator in Iraq, said that the current contract total stood at 238.5 million barrels. The crude may only go to a European destination. Some 34 companies have now had crude export contracts approved by the U.N. Last May, Petrimex filed for bankruptcy.

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Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak