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BUSINESS BRIEFS

Creditors refuse PPS Detva bids

CREDITORS of engineering firm PSS Detva near Banská Bystrica have rejected two bids for the sale of the company. Its largest creditors include state health insurance company Sociálna zdravotná poisťovňa, VÚB bank, and the National Labour Office.

Head of the local union, Stanislav Ľupták, was angry that the creditors had not reached a decision on a future buyer for the firm.

The unionists say that the firm will not survive another year without a new investor, adding that PSS Detva has potential orders but contracts cannot be negotiated while the company is without an owner.

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