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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

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.