IN SHORT BUSINESS

Kappa posts Sk237.5 million after tax profit

THE PULP and paper mill group Kappa Štúrovo reported consolidated sales of Sk4.1 billion (€102 million) in 2003. Its consolidated gross profit reached Sk299.1 million (€7.4 million), and the consolidated profit after tax exceeded Sk237.5 million (€5.9 million), the private news agency SITA wrote.

The pulp and paper mill became part of the Dutch concern Kappa Packaging in May 2001 when it was taken over from the Swedish company AssiDoman.

Kappa Packaging is comprised of over 110 companies in 16 European countries.

The concern produces 3.1 million tonnes of paper and cardboard annually and is the second largest producer of cardboard in Europe. Its annual sales exceed €3.2 billion.

Get daily Slovak news directly to your inbox

Top stories

Investors pursued projects and transactions despite the virus

Investors pursued projects and transactions despite the virus. Check out the 2020 investment highlights from Slovakia.

The visualisation of new Istropolis building

Better times ahead for the Calvary in Bratislava

The last preserved station was restored this summer.

The last preserved station of the Stations of the Cross in Bratislava

Why you need to buy a belt

On this Black Friday, with society teetering on the brink of chaos, I ask that we all do our part.

Roundup: Bratislava’s Old Market Hall hosts Christmas markets

If you have not watched the 'Dracula' miniseries, filmed in Slovakia last year, it is about time.

Bratislava’s Old Market Hall will provide visitors with Christmas vibes in the coming four weeks. Each week, from Wednesday to Saturday, people can do a little bit of Christmas shopping at the venue.