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BUSINESS BRIEFS

Coalition agrees on further privatisation

RULING parties agreed on a plan for the further privatisation of strategic companies on December 1, the state-run TASR news wire reported.

The government is looking to sell further stakes in large firms, mainly energy companies. Most of the companies have already been partly privatised and sold to foreign investors, who now hold controlling 49 percent stakes in them.

Late November, President Rudolf Schuster vetoed a law that makes possible the sale of shares greater than 49 percent of strategic firms. However, Schuster will have no veto power if the law is approved a second time. The state's stakes in the companies are managed by the National Property Fund.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).