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CORPORATE NEWS

Petrimex nets 11 billion Sk revenue in '96

Petrimex Inc., a chemical products and raw materials trading company in Bratislava, had 11 billion Sk in revenues in 1996, of which 65 percent came from exports, company officials announced. The percentage of Petrimex's shareholders from the Czech Republic declined this year from their former dominant position of 51 percent to 1 percent owned by Československá Obchodná Banka (ČSOB).

Currently the largest stockholders are Slovnaft (33 percent), Istrochem and other chemical companies. This year, Petrimex plans an equity increase from 22 million Sk to 120 - 150 million Sk. The company aims to extend its stock exchange operations in 1997, mainly by introducing new financial operations and insurance divisons.

Top stories

Night life in Bratislava will not end

Councillors for the Old Town adopt new opening hours for pubs, night clubs and restaurants.

Cvernovka's creative talents celebrate first open day at new premises Photo

Bratislava's art and design ateliers from the old yarn-making factory open their doors on May Day.

New premises for Cvernovka

How social networks can earn you a ticket to Germany

Can a status on a social network change someone’s life? Yes, if you write humorous stories about a fictive German ambassador.

Assaf Alassaf (r) talked about his life and his book in Bratislava

New investor to create 500 jobs in Nitra

A company following the Jaguar Land Rover carmaker to Nitra plans to create 500 new jobs and invest €17 million.

Tha Jaguar Land Rover draws also other investors to Nitra.