Spectator on facebook

Spectator on facebook

MOL battles shareholders at Slovnaft general meeting

Hungarian oil company MOL joined other shareholders in Slovak refinery Slovnaft in voting down proposals for paying out profits in the form of dividends rather than using the money for future investment.

Minority shareholders also attempted to sack the management of the company at the extraordinary general meeting.

MOL exercises less than 50 percent of votes in the company despite owning 70 percent of shares, as it has not yet managed to follow through on a buy-out offer for minority shareholders.

Compiled by Conrad Toft from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.

Roma civil patrols will continue

The Interior Ministry allocated €10 million for the project.

Roma patrols in Veľká Lomnica.