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.

Top stories

News digest: Most positive cases last week were Delta, ministry redesigns measures

The third wave will concern the vaccinated more than it could have. Police Corps president in hot water over protests. Demänovská Jaskyňa Slobody cave was discovered 100 years ago on this day.


1 h
Police Corps President Peter Kovařík

People do not want to get used to what happened in Bratislava last week, says Šeliga

Police Corps President Peter Kovařík is losing the trust of the coalition partners.


8 h
The lottery, introduced by the Finance Ministry led by Igor Matovič, should motivate people to get vaccinated against Covid.

Registration for vaccination lottery is open

People will be able to win up to €100,000 in weekly drawings.


2. aug
The skyline of Bratislava

Bratislava struggles with non-development

Tibor Lörincz from Tatra Banka takes a closer look at the particular problem Bratislava is facing when it comes to real estate development.


7 h