CORPORATE NEWS

Reemtsma Hamburg may hunt for cheaper tobacco abroad

The German company Reemtsma Hamburg, a majority owner of the only Slovak cigarette producer Slovak International Tabak (SIT), has pledged to keep tobacco acreage at a constant level and to support domestic producers through the end of 1996 though harvested areas have decreased drastically. In 1986, tobacco was planted on 3,536 hectares in Slovakia, but that has declined to total only 640 hectares last year. Reemtsma is hinting that it may start purchasing cheaper tobacco from abroad after 1997, which would cause domestic producers to lose their only customer.

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News digest: Pilot testing deemed successful

Coronavirus affects bus connections, gastronomy businesses send an open letter to the prime minister. Take a look at the latest in our news digest.

PM Igor Matovič presents the results of the pilot nationwide testing on October 26.

Slovakia orders a curfew and embarks on its COVID experiment

High turnout in testing in four northern districts, decision awaited on extending the project to the nation. Prison for a prominent prosecutor and parliament's speaker injured.

Waiting for the results of COVID tests during the pilot phase of the nationwide testing in the town of Nižná in Orava, northern Slovakia.

No balanced budget for next three years, this time due to COVID-19

2021-2023 general government budgets lack consolidation measures.

Finance Minister Eduard Heger