BUSINESS BRIEFS

NAY group attracts foreign investor

ELECTRONIC and household appliance retailer NAY announced that a foreign investor would purchase a 48-percent stake in the firm. The company also announced the opening of a new NAY retail outlet, the biggest in Slovakia, the SITA news agency reported.

NAY Holding posted sales of Sk3.2 billion (€83 million) before VAT in 2004, marking an historical high in its sales.

According to a survey conducted by GfK Slovakia, NAY's share on the Slovak electronics retail market is 20 percent.

Get daily Slovak news directly to your inbox

Top stories

Dozens of people die of COVID every day. A drop not expected for at least two weeks

People who would otherwise survive may die of other serious diagnoses due to the epidemic.

Illustrative stock photo

News digest: Pilot testing deemed successful

Coronavirus affects bus connections, gastronomy businesses send an open letter to the prime minister. Take a look at the latest in our news digest.

PM Igor Matovič presents the results of the pilot nationwide testing on October 26.

Slovakia orders a curfew and embarks on its COVID experiment

High turnout in testing in four northern districts, decision awaited on extending the project to the nation. Prison for a prominent prosecutor and parliament's speaker injured.

Waiting for the results of COVID tests during the pilot phase of the nationwide testing in the town of Nižná in Orava, northern Slovakia.