Spectator on facebook

Spectator on facebook

Nováky chemicals firm employing 1,800 people files for bankruptcy

Chemicals company Novácke Chemické Závody (NCHZ), based in Nováky (Trenčín Region), has filed for bankruptcy and protection from its creditors at Trenčín District Court, court spokesman Roman Tarabus said on September 17.

Chemicals company Novácke Chemické Závody (NCHZ), based in Nováky (Trenčín Region), has filed for bankruptcy and protection from its creditors at Trenčín District Court, court spokesman Roman Tarabus said on September 17.

The company produces chemical products for further processing in industry and employs 1,800 people. It was one of nine European companies to receive a fine from the European Commission in July for entering into a cartel agreement affecting sales of calcium carbide.

The overall fine amounted to €61 million, with NCHZ and its former shareholder 1. Garantovaná (1st Guaranteed) ordered to pay €19.6 million as its share. NCHZ is currently solely owned by a Cyprus-based company called Disor Holdings Limited. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Šumiac breaks sweat record: first sauna to be revived

The sauna built in Šumiac by miller Michal Demo after returning from Russian captivity was the first one not just in Slovakia but in the entire former Czechoslovakia. Now it can be saved and re-used.

The construction of first Slovak sauna in Šumiac

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between August 18 and August 27, as well as regular services in different languages, training for foreigners in English and highlights of the year.

Pivobrana - Beer Festival

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Agrokomplex opens its gates Photo

This year’s exhibition has more discussions with experts and a family programme.