Spectator on facebook

Spectator on facebook

Mergers and acquisitions growing in Slovakia

THE NUMBER of mergers and acquisitions (M&As) in Slovakia last year increased by 39 percent year-on-year to reach 85.

An analysis by PricewaterhouseCoopers ranks Slovakia fifth out of nine Central and Eastern European states in terms of the number of M&As in the private sector.

Russia ranked first, followed by Poland, Czech Republic, and Hungary.

Foreign investors as well as local companies are behind the growing number of transactions in the private sector, Hospodárske noviny business daily wrote.

Slovakia last year recorded four M&As worth over $100 million (€77 million) each, while the average value of an M&A was $60 million (€46 million), down from $109 million (€83 million) in 2003.

The biggest transaction was the sale of a 49 percent stake of mobile operator EuroTel to Slovak Telecom.

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

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.

No fees bring higher summer roaming

EU regulation raises the volume of roaming calls and data with Slovak mobile operators .

People should pay attention on used data abroad.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness