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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

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava

People of Pezinok fighting against landfill again

Dispute over controversial Pezinok waste dump, which started 18 years ago, continues.

The controversial landfill site in Pezinok

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.

First Slovak woman crossed the English Channel

Before her, only six Slovak men had managed to complete the difficult swim.