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BUSINESS BRIEFS

VÚB replaces Tatra Banka as top bank

VÚB was this year's recipient of the prestigious Euromoney Award for Excellence for the best Slovak bank, the TASR news wire reported.

VÚB replaced Tatra banka, which had held the honour for nine years in a row. When assessing the banks, Euromoney magazine takes into account both qualitative and quantitative criteria like, for example, market position and share, new product development, management system, and equity.

"The prize is a real acknowledgement of what we have managed to do since the entry of our majority shareholder, Gruppo Banca Intesa [of Italy]," said VÚB's director general, Tomáš Spurný.

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).