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BUSINESS BYTES

Citibank extends $100 million to Slovak Telecom

The state-run Slovak Telecom will receive a $100 million (3 billion Sk) syndicated loan from the huge American financial institution Citibank. The loan, with no government guarantee, bears 6.5 percent interest p.a., and is so far the most favorable loan for a Slovak company provided by a foreign bank. The loan agreement is to be signed in October on the condition that Slovak Telecom is transformed into a j.s.c. with 100 percent owned by the state. Funds from the loan will be used to finance part of Telecommunications Project II, requiring total investments of 48.7 billion Sk ($1.6 billion).

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LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava