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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Triple coalition PS/Spolu/Za Ľudí? Not for now

Kiska said no, but there are talks about a broader pre-election coalition across opposition parties.

Left to right: Igor Matovič (OĽaNO), Ondrej Dostál (OKS), Richard Sulík (SaS), Miroslav Beblavý (Spolu), Michal Truban (PS), Andrej Kiska (Za Ľudí), Alojz Hlina (KDH)

Judge steps down for exchanging messages with Kočner

Several people have resigned after appearing in the Threema communication so far.

David Lindtner

Prosecutor brings charges against Kočner in the Kuciak murder case

Apart from Kočner, three other people were formally charged.

Ján Kuciak and Martina Kušnírová were commemorated in Bratislava on August 26.

Blog: AI and Slovakia: Labor costs to become less important

Which policy challenges and risks will AI bring to converging economies, such as Slovakia? Vladimir Zlacký, Founder of LookingEast.eu, offers an interesting answer.