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CORPORATE NEWS

Benzinol posted 266.7m Sk after-tax income in 1996

Benzinol Inc., Bratislava, a petrol distribution chain, posted an after-tax income of 266.7 million Sk on 16.5 billion Sk sales in 1996. The company thus succeeded in recovering from its high 1995 loss. It currently owns 201 petrol stations throughout Slovakia, representing a roughly 40 percent market share. It invested 126 million Sk last year (total investments reached 326.7 million Sk) in upgrading its petrol station chain, and it plans to invest 700 million Sk more this year (total investments will be 1 million Sk). The average wage in the company reached 11,480 Sk last year. Its shareholders are Slovnat (51 percent), Slovenská sporiteľňa (34 percent), and the FNM (12 percent), with the latter planning to sell its stake to a Benzinol employee company soon.

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Keep your passport at hand on your trip to Austria

There are no internal border controls on the Austrian-Slovak border. Yet, the Austrian police check cars and buses heading to Slovakia.

Slovak police checking cars at the border crossing in Berg, Austria.

Bratislava ice stadium will require €2 million

At the same time, its tenant, ice hockey club Slovan, owes some €1 million in rent.

The Ondrej Nepela ice-hockey stadium during 2011 ice hockey world championship.

Who do Slovaks marry the most among foreigners?

Mixed marriages are still quite rare among Slovaks compared to elsewhere in the EU. Slovak women are more likely to marry foreigners than Slovak men. Here is why.

Italy points to “illegal state aid” as Embraco announces relocation to Slovakia

The decision to shift production follows in the footsteps of US conglomerate Honeywell, which reportedly also plans to close its Italian plant and move to Slovakia.

Embraco plant in Spišská Nová Ves