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CORPORATE NEWS

EuroTel nets $100 m syndicated loan

EuroTel, a cellular phone provider located in Bratislava, signed a contract for a syndicated loan worth $100 million (3.3 billion Sk) in mid February, company officials announced. The 18-month loan with an interest of LIBOR + 0.25 percent was arranged by Citibank International and Bank of America International. The loan's original amount of $80 million was increased due to investors' interest, EuroTel officials said. The funds will be used to finance investments into the GSM mobile phone net. EuroTel is a joint venture of the state-run Slovak Telecom (60 percent) and the American consortium Atlantic West.

Top stories

How the national emblem appeared – including so far secret communism designs

Even Slovaks often do not know why the national emblem depicts a white double-cross, and not the Kriváň peak, or the design by artist Vincent Hložník. They also do not know why it makes a difference whether it is…

Offical Slovak national emblem and colours

Bratislava Zoo will have new wolf breeding station

One of most significant investments of the Bratislava Zoo in the year 2017 will be the building of a new wolf breeding station.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between February 17 and February 26, including a race on old wooden sleighs, an operetta premiere, a lot of jazz, classical and rock music, and more.

Rce in krňačky sleighing, Turecká 2017

Some food really is better in Austria, study finds

EC says its role is to monitor safety, not quality – but Slovaks want the same as Austrians, says minister.

Illustrative stock photo