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BUSINESS BYTES

Companies' debts down

Net bank debts of Slovak companies represent 23 percent of the country's GDP, a figure much higher than in the Czech Republic, 15 percent, and in Hungary, 6 percent. The amount of receivables of Slovak firms at the end of the first half of 1995 was 263.4 billion Sk, while the amount of payables stood at 340 billion Sk. The difference, 76.6 billion Sk, is 32.6 percent less than at the year's beginning. Meanwhile, interbusiness debt is estimated to be 100-110 billion Sk, with over half of companies unable to meet their financial obligations.

Top stories

Slovak AeroMobil starts taking pre-orders for its flying car Photo

The company is losing a key figure – inventor Štefan Klein.

Prince Albert II of Monaco (r) and Juraj Vaculík, CEO and co-founder of AeroMobil, unveiled the latest prototype of a flying car in Monaco on April 20.

Drivers in Bratislava should prepare for worse traffic

Dissatisfied taxi drivers will go on a protest ride from Petržalka to Lamač on Wednesday.

Taxi drivers protested against Uber already in 2015.

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas