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BUSINESS BRIEFS

SPP sale contract signed

A SALE contract for a 49 per cent stake in gas utility SPP was signed March 18 between the Slovak government and a purchasing consortium of Gaz de France, Ruhrgas and Gazprom. While the first two firms will be splitting the price between them, allegedly because of cash-flow problems at Gazprom, all three will have equal say in the running of SPP. The $2.7 billion the state earns on SPP is $350 million more than privatisation advisor predicted in sale documents the company might fetch.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).