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CORPORATE NEWS

Poisťovňa shares sold to firm close to VSŽ

Slovakia's largest insurance company, Slovenská Poisťovňa, has registered a major change in its shareholders after a company closely linked with Poisťovňa's second largest shareholder bought a package of shares. While the largest shareholder remains the state privatization agency National Property Fund (FNM) with 50.55 percent, the securities trading firm ARDS Inc. purchased 8 percent of Poisťovňa's shares from Slovenská Sporiteľňa bank, reducing Sporiteľňa's stake in the state insurance firm to 1.2 percent. According to press reports, ARDS is closely connected with the east Slovak steel mill VSŽ Košice, which with 20.03 percent is Poisťovňa's second largest shareholder.

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Chinese are closer to taking over Košice steelworks

The sale may be completed early next year, according to reports.

U.S. Steel Košice

Third anti-corruption march drew thousands Photo

The only demand that has been met to date is the abrogation of Vladimír Mečiar’s amnesties by parliament.

The anti-corruption march

Slovak water slalom racers start championship with a victory Video

The single canoe slalom team can boast with several records.

l-r: Alexander Slafkovský, Matej Beňuš and Michal Martikán

Blog: In Slovakia, tradition is key

The year round, the calendar is filled to the brim with traditional habits, happenings that seem to go back centuries.

Traditional "vinobranie" event in Pezinok.