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BUSINESS BRIEFS

E.ON widens influence in Slovakia

GERMAN firm E.ON has bought the remaining 40 per cent interest in Ruhrgas for 4.1 billion euro. Ruhrgas has a 24.5 per cent stake in the gas company SPP, and has two members on the utility's five-member board.

A subsidiary of E.ON, E.ON Energie already owns 49 per cent of Western Slovakia Electricity (Západoslovenská energetika) and has expressed interest in the current sale of a 49 per cent stake in Slovak electricity generator Slovenské elektrárne.

Top stories

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak

Fee has a negative impact

Practice shows that municipalities will require investors to pay the fee for development from their own budgets and at the same time to also cover the so-called induced investments.

Some municipalities want to re-think the fee.

Discovery made hard mining work more efficient

Gunpowder was used to blow up the rock for the first time in the Upper Bieber adit for the first time 390 years ago.