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CORPORATE NEWS

SCP reports pre-tax income of 133m Sk for 3Q-97

SCP Inc., the paper mill in Ružomberok, had a pre-tax income of 133 million Sk for the first nine months of this year, a significant drop compared to 480 million Sk profit in the same period last year. The decline is attributed to Deutsch mark's exchange rate swings since about 99 percent of all SCP's exports are directed at "DEM markets". The income was also negatively influenced by the cyclical price development in the pulp-paper industry. SCP produced goods worth 4.8 billion Sk in the first nine months, a 5.6 percent annual growth.

Top stories

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.

Slovaks in the UK do not have to fear Brexit

Brexit itself should not impact the position of Slovaks in the UK, an interim agreement between the European Union and Great Britain suggests.

Brexit, illustrative stock photo

Russians win the Tatry Ice Master 2018 Video

Ice-sculptors worked with a massive 50 tonnes of ice on the weekend of January 12-14; their sculptures remain on display.

The ice scupltures at Hrebienok, Tatry Ice Masters

The Bratislava airport has competition in Vienna

The airport in Vienna, only about 60 kilometres from the Slovak capital, gains 17 new low-cost airliner flights.

Illustrative stock photo