BUSINESS IN SHORT

Awards for corporate philanthropy

A RECENT ranking of Slovak companies according to the amount they spend on supporting socially-responsible projects was published by the Slovak Donors’ Forum on October 15.

A RECENT ranking of Slovak companies according to the amount they spend on supporting socially-responsible projects was published by the Slovak Donors’ Forum on October 15.

The Donors’ Forum reviewed and ranked 27 companies which had responded to a questionnaire about their expenditures on socially-responsible activities. The title of TOP Corporate Philanthropist went to Slovenský Plynárenský Priemysel, Slovakia’s gas utility company, which contributed over €1.6 million towards community activities. Electricity distributor Západoslovenská Energetika ranked second with contributions of about €780,000, followed by Prvá Stavebná Sporiteľňa, a construction savings and loan bank, which donated €516,000 in 2008.

A special category award for the biggest corporate donor in comparison to its gross profit went to the Banská Bystrica-based company Nebotra, while the top prizes for small and medium-size companies (up to 250 employees) went to Microsoft Slovakia, ABB and the Slovak branch of ING Bank.

The annual review of corporate philanthropy is the only ranking in Slovakia based on companies’ expenditures on community activities.


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