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.

Get daily Slovak news directly to your inbox

Top stories

The big testing: When and where to show up, and what if I don't want to? (FAQ)

Here is what we know about the practicalities of the nationwide testing so far. Testing also applies to foreigners and diplomats in Slovakia.

Pilot testing in Bardejov

The big test is upon us. What are we to do?

For a foreigner living in Slovakia, there is yet another concern.

Testing is impossible to carry out as planned, president says

President Zuzana Čaputová asked the government to reconsider measures for people who do not get tested, many will not get a chance.

President Zuzana Čaputová met with the representatives of the armed forces.