Spectator on facebook

Spectator on facebook

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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Northern Slovakia faces risk of floods from intense rain

Meteorologists are issuing a second-degree flood warning due to the continuous rain.

Illustrativre stock photo

Kio li estas? Liptov welcomed Esperanto enthusiasts Photo

Biggest Esperanto summer school takes place in Liptovský Mikuláš.

Slovakia has extradited Yandiev to Russia

Despite the UN decision, the country sent Ingushetia citizen Aslan Yandiev to Russia where he is wanted for alleged terrorism crimes. It cites the stance of the ECHR.

Illustrative stock photo

More reasons to stay

Excluding people doesn’t just affect those who choose to leave.