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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Sport, torture and guns; Palach was a fighter

The death of Ján Palach inspired protests that led to the overthrow of the communist regime.

Jan Palach

Ruling parties split over attitude to Russia

Slovakia has not updated its security strategy since 2005.

Ľuboš Blaha

University has confirmed: Parliament's Speaker copied large parts of his thesis

The commission did not use the word “plagiarism”, which Danko used to dismiss his critics.

Andrej Danko

Two Bratislava university hospital clinics may collapse

But the ministry and the hospital are not panicking.

Kramáre hospital