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CORPORATE NEWS

Slovakofarma tabs Nomura for stock issue

Officials from the capital investment department of Slovakofarma Inc ., the largest Slovak pharmaceutical producer, announced in the second week of May that Nomura International Plc. will be the lead manager of the Hlohovec-based firm's 230.8 million Sk GDR issue.

The GDR issue, expected to be launched in September, will mark the first international stock issue of a private company from the Slovak Republic, officials said, adding the GDRs will be issued through raising Slovakofarma's equity by 15 - 20 percent.

Slovakofarma posted a 1996 net profit of 512.9 million Sk. According to a company spokesman, overall turnover at the firm for 1996 was 4.97 billion Sk, up from 4.34 billion Sk in 1995.

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LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

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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.

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