Spectator on facebook

Spectator on facebook


Cestné Stavby paying on time

Although permanently insolvent, Cestné Stavby, the Košice-based road and rail construction firm, is paying off its bank loans on time, according to a report in Burza. In 1995, the company sold a 20 million Sk bond issue to employees with interest worth the National Bank's rate of 7 percent.

The company's poor financial standing has forced it to cut its payroll from 1,520 employees in 1993 to 1,186 in 1996.

Among the company's assets are a plant that produces prefabricated bridge parts, 10 asphalt production plants, seven quarries, and a daughter company just across the Ukraine border in Uzhgorod.

The biggest current contract for Cestné Stavby, which forecasts 1 billion Sk worth of sales this year, is with the Slovak Highway Authority for the Hybe-Važec highway in north-central Slovakia, which is worth 500 million Sk ($16.6 million) over several years.

Top stories

People will protest in streets again on March 23

The organisers of the gatherings met with the president, stressing the need to have an independent interior minister.

Andrej Kiska met with the representatives of the For a Decent Slovakia initiative.

What’s new at the Foreigners’ Police in Bratislava? Photo

The Slovak Spectator visited the new premises of the Foreigners’ Police department in the Vajnory district, which opened on March 19.

Statue of Maria Theresa deemed unsuitable for Bratislava city centre

The sculpture has been temporarily moved to the promenade in River Park.

The statue of Maria Theresa was installed in front of the Hotel Carlton for a short period of time.

Micro-plastics found in bottled water

Some brands sold in Slovakia include plastic micro-particles, as do sources of drinking water in the country.

Both bottled waters and natural sources include micro-plastics, illustrative stock photo.