Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Iron ore mine sends workers home

THE SIDERIT iron ore mine in Banská Bystrica region's Nižná Slana has sent most of its 880 workers home, as its parent company Želba remains in preliminary bankruptcy proceedings. The mine is expected to announce 260 permanent layoffs soon, with more to follow. The situation arose after US Steel Košice cancelled a supply contract for about 85 per cent of Siderit's annual 440,000 tonne production. Although a new one-year deal was signed at the end of March for 210,000 tonnes at a 20 per cent price cut, Siderit has no replacement customers, and found itself in crisis.

Top stories

Night life in Bratislava will not end

Councillors for the Old Town adopt new opening hours for pubs, night clubs and restaurants.

Cvernovka's creative talents celebrate first open day at new premises Photo

Bratislava's art and design ateliers from the old yarn-making factory open their doors on May Day.

New premises for Cvernovka

How social networks can earn you a ticket to Germany

Can a status on a social network change someone’s life? Yes, if you write humorous stories about a fictive German ambassador.

Assaf Alassaf (r) talked about his life and his book in Bratislava

New investor to create 500 jobs in Nitra

A company following the Jaguar Land Rover carmaker to Nitra plans to create 500 new jobs and invest €17 million.

Tha Jaguar Land Rover draws also other investors to Nitra.