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CORPORATE NEWS

ZSE signs $59 m syndicated loan

Západoslovenská Energetika (ZSE), a state-run energy distribution utility in western Slovakia, signed during the first week of August an agreement on a syndicated, revolving loan worth $59 million with CS First Boston.

The loan's interest rate was set at LIBOR +0.425 percent p.a. Other members of the syndicate were Bank Austria, Bankgesellschaft Berlin Group, The Bank of Tokyo, Bayerische Landersbank, The Daichi Kangyo Bank, Royal Bank of Canada Europe, and Société Générale.

Top stories

Job ads should inform about basic salary

One of the proposal’s authors from the Smer coalition voted in May against a similar proposal authored by opposition deputies

The shortage of workforce is a growing problem for entrepreneurs.

Top 3 news from Last Week in Slovakia Video

EMA will not relocate to Slovakia - Job ads will have to state actual payrates - Trnava factory to produce electric cars

PSA plant in Tranva.

Námestie Slobody square closer to facelift Photo

The Bratislava city council wants to revitalise the square by the end of 2018

The winning project for revitalisation of Námestie Slobody square

Slovak hockey league will not rest during Olympics

Unlike the Slovak premiere hockey league, Swiss, German and Russian leagues will take a break during the 2018 Winter Olympics.

Ice hockey is popular in Slovakia