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CORPORATE NEWS

VSŽ wins bid for steel mill

VSŽ Inc., Košice, the east Slovak steel maker, announced that it won a tender to privatize the highly indebted and loss-making Hungarian company DAM Diosgyör. VSŽ will pay a symbolic $1 for the shares with a nominal value of 8 billion forints (1.4 billion Sk), but it pledged to increase the company's capital by 3 billion forints (532 million Sk). VSŽ defeated the German Max Eicher, and a Russian-Hungarian consortium in the tender.

Top stories

Surcharges for night, weekend and holiday work will go up in two phases

Social partners agree upon a compromise solution.

Giving a voice to those unheard

The Sme daily celebrates 25 years since its founding. It is of immense importance that it remains independent and free, writes its editor-in-chief.

The Sme daily celebrates 25th anniversary

The newspaper, which was established as a protest against autocratic power, has been published for 25 years.

The first issue of Sme in own printing house; publisher Alexej Fulmek (C) with chief editor Karol Ježík (R).

Ryanair changes its cabin bag policy as of Monday, January 15th

The low-cost airline operates dozens routes from Bratislava.

ryanair plane, illustrative stock photo