Spectator on facebook

Spectator on facebook

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

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico