BUSINESS BYTES

Slovnaft corrals 75 mill. DM loan

The Bratislava oil refinery Slovnaft Inc. signed a contract for a syndicated loan worth 75 million DM to fund the purchase of new technology for its more efficient processing of crude oil. The seven-year loan has the longest maturity to date of any syndicated loan provided to Slovak companies. The loan was arranged by ING Barings-London and ING Bank-Bratislava and co-arranged by Bank Austria, Commerzbank, Dai-Ichi Kangyo Bank and Sanwa Bank. Leading managers of the loan are ČSOB, Creditanstalt, Dresdner Bank Luxembourg and National Westminister Bank. The loan's agent is ING Barings.

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News digest: Slovakia opens more testing sites

Slovaks smoke less than 10 years ago. Former tennis player who skipped the vaccination line helped at a hospital.

Journalists' dilemma over the case of the charged Jaroslav Haščák

Investigative reporter Adam Valček writes about what he learned during the Kuciak murder trial and how it applies in the case of the charged co-founder of Penta.

Jaroslav Haščák

Drop in car production lower than expected

Carmakers manufactured 11 percent less cars than in 2019.

Carmakers in Slovakia also produce electric battery and hybrid car models.