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CORPORATE NEWS

Slovak Telecom expects profit of 4.4. billion Sk

The state-owned telephone company Slovak Telecom (ST) expects to make a 4.4 billion Sk gross profit this year, up from its projection of 3.7 billion Sk, company officials announced. ST invested 7.8 billion Sk, of which a large part went to install the third digital phone exchange supplied by the German firm Siemens for the city of Košice. According to ST's director, Peter Valent, a syndicated loan worth $100 million is still in the works. The loan, arranged by Citibank International and twenty other financial institutions has been held up as the banks await the resolution of a legal battle between ST and Slovak businessman Jozef Majský.

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Employee of the ministry’s agency accused of corruption

If found guilty, the employee of the Agricultural Paying Agency may spend up to eight years in prison for taking a bribe.

Sagan wins first race of 2017 Video

The Slovak cyclist triumphed at the second race of the Belgian classics.

Peter Sagan

Queues rigged at foreigners’ police, say clients

Not our problem, say police, who blame ‘cultural specifics’ and ‘habits’ of foreigners.

Queue in front of the foreigners' police department in Bratislava.

Legendary Luna bar to reopen Photo

The programme in the bar will focus on retro and oldies.

Luna Bar in the Kyjev Hotel