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Slovenské Lodenice plans to sell 15 ships abroad in 1997

Slovenské Lodenice, a shipbuilder located in Komárno, made a gross profit of only 11.2 million Sk last year, 60 million Sk lower than in 1995, company officials announced. However, the company's sales of 3.41 billion Sk were 26 percent higher than in 1995, officials added. Slovenské Lodenice produced 11 naval cargo ships last year, of which eight were sold to Germany, the company's largest customer the past two years. The other three were sold to Russia.

Last year, Slovenské Lodenice invested 115.8 million Sk, of which 75 percent went towards ship building technology. The company plans to construct 15 ships this year, of which one will be in Cupertino with the Yugoslavian shipbuilder Sava. Its sales should remain at 3.4 billion Sk this year, and profit should grow to 83 million Sk, Lodenice's managers said. At the end of 1996, the company's shareholders approved a modification of its plans for a capital stock issue; it will issue convertible bonds worth 300 million Sk and standard bonds worth 200 million Sk. At present, it is selecting the manager of the issues.

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End of investigative show a cause for concern

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Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

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Carmakers in Slovakia produced more than one million cars last year

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Most cars produced in Slovakia head for export.