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CORPORATE NEWS

Slovakofarma posts lower profit

Slovakia's largest drug producer, Slovakofarma a.s., said on April 9 its 1997 after-tax consolidated profit was 401 million crowns ($11.4 million), a 21.8-percent drop compared to 512.9 million crowns in 1996. The results were calculated according to international accounting standards, the company said, adding that revenues totaled 5.4 billion crowns and operating profit was 1.1 billion crowns. Slovakofarma has set its annual shareholders meeting for May 14. Earlier this year, the company said that in 1998, it expected to post a 550 million crown consolidated profit on revenues of 5.5 billion crowns.

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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.