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IN SHORT

More profit to come from VSŽ

A SHAREHOLDERS' meeting at steel firm VSŽ elected a new supervisory board on April 22, with a trio of financial groups - J & T, Penta Group and Istrokapital - inserting their candidates on the new board.

The three firms collectively acquired a 26.55 per cent stake in VSŽ in a non-transparent deal in the last hour of trading on the stock exchange last year. They have promised to squeeze more profits out of VSŽ in the three to five years they intend to hold the shares, and to put more of their people in key VSŽ positions, including the president's chair.

By lowering VSŽ's basic capital by Sk10.8 billion to Sk5.6 billion to cover Sk9.6 billion in VSŽ losses from previous years, the shareholders also removed a legal barrier to VSŽ's paying out dividends.

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EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

Vote-buying scandal lands village mayor in court

Some Roma claiming the mayor of Gemerská Poloma, Miroslav Michalka was buying votes, have changed their testimonies.

Stanislav Kučerák (blue shirt) is a key witness in the vote-buying case.

Police president refuses the proposals of students

He turned down their suggestions for a public debate but invites them to talk about corruption at the Police Corps Presidium.

Police President Tibor Gašpar

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.