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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

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Roma civil patrols will continue

The Interior Ministry allocated €10 million for the project.

Roma patrols in Veľká Lomnica.

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.

Germans will distribute cars from Nitra’s JRL plant

The state-run freight carrier Cargo did not succeed in its bid, but is still discussing the distribution of suborders with the German firm.

Jaguar Land Rover’s construction site