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CORPORATE NEWS

FNM sells 11.05 percent stake in Harmanecké papierne

During the third week of November, the National Property Fund (FNM), state privatization agency, sold an 11.05 percent stake (68,726 shares) in Harmanecké papierne Inc., Harmanec to O.K.L. Inc., way below its market value. FNM sold one share for 100 Sk, or one tenth of the nominal value, while the price on the stock exchange was 388 Sk on the day of the sale. In the course of 1996, it oscillated between 320 to 1,010 Sk. The FNM sold the stake to a completely unknown company at a price 19.8 million Sk lower than the actual market price. In the first half of this year, income per share of Harmanecké papierne was 201.3 Sk and the company has a 20 percent return on capital.

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between August 18 and August 27, as well as regular services in different languages, training for foreigners in English and highlights of the year.

Pivobrana - Beer Festival

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Agrokomplex opens its gates Photo

This year’s exhibition has more discussions with experts and a family programme.