PPS Detva buyer signs deal

KREMNICA-BASED company Sitno Holding has signed a contract on the sale of bankrupt engineering company PPS Detva Holding on July 4. Its new owner, Ľudovít Černák, promised to focus on civilian production and renamed the company PPS Group.

He promised that after Slovakia enters NATO, PPS would become a global producer of special technology.

Sitno Holding bought the company with its 550 employees for Sk150 million (€3.6 million) and sees the company's future in cooperation with Swedish carmaker Volvo.

Top stories

Bratislava Mayor Matúš Vallo speaks to foreigners at [fjúžn] festival's "Ask the Mayor" event.

Foreigner’s community has a big voice, but it needs to be more organised

Bratislava Mayor Matúš Vallo addressed the questions and concerns of foreigners in Bratislava during a special Q&A.

1 h
In the Tehelné Pole zone, the pilot parking policy will be replaced by the city-wide parking policy.

Parking in Bratislava changes. Required registration opens soon

Three boroughs will join the new city-wide system, inhabitants will be required to register.

22. sep

Anti-vax mobilisation starting to look like a losing strategy

Several countries no longer rely on positive motivation to get vaccinated against Covid.

6 h
Boris Kollár and Igor Matovič during the coalition talks in March 2020.

Conflict in coalition is far from over. Matovič does not support Kollár’s pet project

Sme Rodina chair Boris Kollár leverged his stay in coalition with rental flats, but support is uncertain.

7 h
Skryť Close ad