Spectator on facebook

Spectator on facebook

IN SHORT

State unblocks share dividends issue

THE SLOVAK state has managed to persuade the German company Deutsche Telecom to stop blocking the dividends it owes Slovak Telecom shareholders, the daily SME reported.

The Transport, Telecommunications and Post Ministry, as well as the Slovak National Fund, managed to push through a decision for Slovak Telecom to pay dividends amounting to Sk4.3 billion (€109 million). Of the total sum, the state should recieve more than Sk2.1 billion (€53 million).

Prior to the meeting Deutsche Telecom had decided to block the dividends proposal. The ministry and the Slovak National Fund announced that if Deutsche Telecom wouldn't agree to the deal it would sell its shares.

The state's reasoning was that the existing shares dividend policy would not bring any advantages to the state as a shareholder.

However, Transport Minister Pavol Prokopovič met with Karl-Gerhard Eick, a member of DT's board of director's on June 13, and resolved the matter.

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava