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CORPORATE NEWS

Devín Banka posts 50% profit rise

Devín Banka said that according to preliminary figures its 1997 net profit increased by 50 percent year-on-year to 116.8 million crowns, the SITA news agency quoted Devín Banka's deputy general director as saying.

Gross profits totaled 229.7 million crowns and the bank's revenues grew by 80 percent to 1.8 billion Sk. Creation of reserves and provisions for classified loans represented 36 percent of total revenues and total assets rose by 72 percent to around 3.4 billion crowns.

Top stories

North-south gas interconnection moves closer

Slovak gas projects will receive finances from the European Union.

Gas transmitter Eustream

Stopping extremism before it starts

Schools in Slovakia must do a better job of developing their students’ critical thinking skills from an early age, US envoy says.

Danko’s popularity keeps falling

The SNS chair suffers mostly because of the controversial military promotion and his following actions.

Lack of qualified labour needs to be addressed

After visiting carmaker PSA in Trnava, PM Fico says that people do not want to work even for more than €1,300.

PSA Groupe Slovakai in Trnava