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CORPORATE NEWS

Slovnaft's gross profits grow 26.6% in 1Q98

Slovnaft, Slovakia's sole oil refiner, posted unconsolidated pre-tax profits of 1.0 billion Sk ($29.2 million) in the first quarter of 1998, versus 790.3 million in the same period last year, representing a 26.6% increase, the BSE said on May 5. Slovnaft announced last month that its 1997 after-tax profit had risen to 1.702 billion Sk from 1.290 billion Sk the previous year. Slovnaft is the most heavily-weighted issue on the BSE's listed floor, accounting for 30.6 percent of the overall capitalization of the 16-share SAX index.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.