SHIPPING & TRANSPORTATION NOTES

SPaP to make profit in spite of floods

The transportation division of the Slovenská plavba a prístavy (SPaP) Inc., Bratislava, will make a profit this year in spite of two interruptions of transport in June this year, due to floods. In 1996, it transported 86,961 people, of which 10,000 were foreigners, and it expects to even increase this figure this year. Currently the division has eleven ships and it employs 83 people. Labor Unions of the company estimated loss of the whole SPaP at 12 - 150 million Sk in the first half of this year.

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