Spectator on facebook

Spectator on facebook

CORPORATE NEWS

JAS receives 97.8m Sk aid from Labor Office

The regional Labor Office in Prešov confirmed on October 28 that it will provide the shoemaker JAS Inc., Bardejov, with a zero-interest loan worth 97.8 million Sk over 5 years. The loan will be extended gradually over the next 12 months, and it will cover all labor costs for JAS's 1,147 employees. The massive layoff of 2,000 employees, the three-month notice of which expired on October 31, will therefore not take place. Layoffs, however, will only affect 500 employees.

The company's next step is to transform itself into a healthy company. This, they hope to do through decentralization which would create four daughter companies (JAS Východ, Export, Obuv and Elmont). Management expects JAS to be included in the revitalization program and plans to ask the government for higher protection on the domestic market.

Top stories

Kiska: Even Europe has its aggressive neighbour

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

President Andrej Kiska

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.

No fees bring higher summer roaming

EU regulation raises the volume of roaming calls and data with Slovak mobile operators .

People should pay attention on used data abroad.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness