IN SHORT

ŽSR projects another huge loss

THE NATIONAL railway company, Železnice slovenskej republiky (ŽSR), projects a 2002 operating loss of Sk3 billion, says ŽSR general director Ladislav Maxa. However, Maxa points out that if the government helps cover the costs of the firm's consolidation, losses could be as low as Sk970 million.

At the beginning of 2002, Železničná spoločnosť (ŽS) was spun off ŽSR to operate transport and commercial activities. ŽSR operates the railway network and related services.

ŽS, according to the agreement between the two firms, should pay ŽSR around Sk8.3 billion this year for use of the railway network. US Steel Košice should pay an additional Sk27 million for railway use.

Preliminary calculations for 2001 put ŽSR nearly Sk4 billion in the red, but losing Sk150 million less than in 2000. The company transported 57.4 million tons of cargo last year.

Get daily Slovak news directly to your inbox

Top stories

News digest: Who will take the swabs?

The government offers hundreds of euros to health care staff for testing. Curfew ends on Saturday for some. Take a look at testing sites and more.

PM Igor Matovič helped with testing in Tvrdošín.

People with negative tests can go to hairdresser or outdoor terraces

Those with a negative test result will have to follow rules introduced on October 15.

Companies fear drop in demand for their products and services the most

International chambers of commerce asked companies about their current situation as well as expectations.

Companies implemented anti-coronavirus measures.

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov