Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Matador revenues reach Sk13.4 billion

THE MATADOR group reported preliminary consolidated revenues of Sk13.4 billion (€350 million) in 2004. Company chairman Štefan Rosina said the firm expected a gross profit of Sk388 million (€10 million), according to the SITA news agency.

In 2004 the Púchov-based company acquired auto parts maker Pal-Inalfa through its subsidiary, Matador Automotive. Matador financed this acquisition from its own resources and projects' funds.

According to Matador-Inalfa's director, Miroslav Krčmár, this acquisition represents the group's radical penetration of suppliers and producers of components for the automotive industry.

Matador's managers said they are now a vertically integrated group of companies involved in the production and sale of car tyres, conveyor belts, machines and equipment for the rubber industry.

Top stories

Budgetary deficit supposed to be under 1 percent for the first time

MPs approved the public administration budget for the next year, with 82 voting for it, and 59 against.

Finance Minister Peter Kažimír

President to appoint missing Constitutional Court justices

The court will have its full complement of judges after three years.

President Andrej Kiska

Austrian natural gas station close to Slovak border exploded Video

The incident, which claimed one fatality and at least 18 injuries, also created an emergency in a Slovak village close to the Austrian border.

The explosion of Austrian natural gas station in Baumgarten, December 12.

Blog: Environmental sustainability is the future for sustainability in business

A great example of how you can make a difference by sharing your passion with others: Ivana Maleš, co-founder of the Institute for Circular Economy, describes her journey to a sustainability consultant.

Illustrative stock photo