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CORPORATE NEWS

Chirana posts an unexpected loss

Chirana-Prema Inc., a medical equipment company located in Stará Turá, recorded a 24.1 million Sk loss for the first half of 1997 on 599 million Sk of sales and 784 million Sk of total revenues. Juraj Borovský, Chirana's general director, explained the loss by increased commercial interest rates and exchange rate fluctuations. "We purchase a lot of material abroad, and the moving exchange rates significantly increased our costs," Borovský said. "Due to the economic-political situation, foreign banks are forcing us to repay loans, and we have to pay them back at much worse rates than when we acquired them."

Top stories

PM Fico wants Education Minister’s resignation

Education Minister Peter Plavčan has refused to leave, the Prime Minister demanding his resignation.

Education Minister Peter Plavčan

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Southern Slovakia will face heat again

The first-level warning is issued for the 16th and 17th.