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CORPORATE NEWS

ŽSR lost 2.7 bn Sk in 1H97

The state-run Slovak Railways (ŽSR) planned on a 1.82 billion Sk loss for the first half of this year, but ended up losing 2.69 billion Sk, company officials announced. In the past two years, ŽSR's sales increased by 12 percent, but costs went up as much as 22 percent.

The non-covered loss from passenger services was 1.95 billion Sk, and losses from financial operations reached 548.5 million Sk. Total revenues from transportation services were 5.45 billion Sk, down 2.07 billion from the first half of 1996.

Officials attributed the greater losses to the Czech Railways strike, floods, a decline in coal imports from the Czech Republic, and the introduction of import deposits. Traffic between the east Slovak iron mill VSŽ and its Ukrainian and Czech partners was lower this year as well.

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