Spectator on facebook

Spectator on facebook

Slovnaft facing Sk1.3 billion fine

OIL refinery Slovnaft is facing an Sk1.3 billion (€33.5 million) fine
for its pricing policy.

According to unconfirmed findings of an audit carried out by the Slovak
Finance Ministry, Slovnaft has incorporated unjustified costs in its oil prices.

Slovnaft, whose nine month profit in 2004 recorded a 347 percent
growth year-on-year to Sk7.9 billion (€203.6 million), is protesting the possible fine. Its officials also stated that the company is prepared to appeal
to Slovak and European institutions if the ministry confirms the fine, the Pravda daily wrote.

It is expected that the Finance Ministry will publish the results and
details of the control of Slovnaft in the coming days.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

12 places where you can see the works of one of the best medieval wood carvers Photo

The works of the renowned Master Paul are not limited just to Levoča.

St Geirge Curch in Spišská Sobota

Ukrainian caught beauty of Nitra in video Video

The city under Zobor is beautiful also from a bird’s perspective.

Heatwaves to continue in Slovakia over the following days

More than 40 people collapsed due to hot weather on Thursday.

Foreigners: Events around Slovakia Photo

Tips for performances and other events in the Slovak regions between July 21 and 30, including a castle festival, a parkour meeting, a hip-hop dance and music festival, a festival of minorities, a special run,…

Onyx will perform at the Legits Blast event in Banská Bystrica