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CORPORATE NEWS

SPP eyes syndicated loan

Slovenský plynárenský priemysel (SPP), a state-run gas utility company, is trying to obtain a 100 million DEM (1.9 billion Sk) syndicated loan with a five-year maturity from Credit Lyonnais Bank Prague. The Bratislava branch of Credit Lyonnais has already provided SPP with a 50 million DEM bridge loan, which will mature by the time the syndicated loan is signed at the beginning of 1998. Proceeds from the loan will be used to finance the construction of a fifth line among Slovak gas pipelines.

Top stories

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska