Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

40km of new highway completed

OVER 40 kilometres of highway and dual carriageway stretches which started in 2008 have been completed at a cost of €101.04 million, and 21.1 kilometres of highways and dual carriageways worth €84.51 million are now open to traffic, the government plenipotentiary for highways and dual carriageways and director of the National Highway Company (NDS) Igor Choma stated, the SITA newswire reported.

OVER 40 kilometres of highway and dual carriageway stretches which started in 2008 have been completed at a cost of €101.04 million, and 21.1 kilometres of highways and dual carriageways worth €84.51 million are now open to traffic, the government plenipotentiary for highways and dual carriageways and director of the National Highway Company (NDS) Igor Choma stated, the SITA newswire reported.

After adjustments, the NDS had at its disposal €346.61 million from the state budget and EU funds in 2008. Including its own sources, the NDS was working with a total of €469.03 million.

“The overall costs of the planned investments represented Sk14.652 billion (€486.36 million),” the NDS stated.

The funds from the state budget for construction of highways and dual carriageways were drawn down by 99.99 percent.

Other sources continue to be used for construction work that were started before 2008 and were not completed by the end of last year.

Top stories

Robert Fico has lost the electoral magic he once had Plus

But his party can still bounce back if they do the things that make parties resilient.

Robert Fico claims that Smer won the regional elections because it is the party with the most chairs in regional councils.

New legislation protects creditors from unfair mergers

Fraudulent mergers were a legal business model enabling unfair businesses to get rid of debts

Tightening conditions when merging companies will increase the red tape of lawful mergers and prolong this procedure.

Fifty Shades of Grey: Slovakia's Olympic outfits will not stray from tradition Photo

The official outfit for Slovak athletes at the Pyongyang Olympic Games has been presented; the Slovak Olympic Committee (SOV) is not satisfied.

Olympic outfit of Slovak athletes

Blog: How long until a robot takes your job?

Are robots really taking over? What are the benefits and what are the risks?

Illustrative stock photo