Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

State Material Reserves has new head

THE STATE Material Reserves Administration (ŠHR) now has new management as the cabinet appointed Andrea Seková as the deputy head of the ŠHR, replacing Róbert Repiský as of May 9, the TASR newswire reported.

THE STATE Material Reserves Administration (ŠHR) now has new management as the cabinet appointed Andrea Seková as the deputy head of the ŠHR, replacing Róbert Repiský as of May 9, the TASR newswire reported.

Until recently the ŠHR had been without a management team following the dismissal of the previous head, Eva Hrinková, by the cabinet of Iveta Radičová on November 2, 2011, in the wake of a controversy over the ŠHR’s sale of state-owned platinum mesh for a fraction of its market price. The underpriced sale reportedly left the state €2 million out of pocket, TASR wrote.

Kajetán Kičura was appointed the new head of the ŠHR by the cabinet of Prime Minister Robert Fico on April 18.

The Fico cabinet has also reversed the previous government’s decision to suspend all sales by the ŠHR and the office is now expected to return to normal operations, according to TASR.

Top stories

Budgetary deficit supposed to be under 1 percent for the first time

MPs approved the public administration budget for the next year, with 82 voting for it, and 59 against.

Finance Minister Peter Kažimír

President to appoint missing Constitutional Court justices

The court will have its full complement of judges after three years.

President Andrej Kiska

Austrian natural gas station close to Slovak border exploded Video

The incident, which claimed one fatality and at least 18 injuries, also created an emergency in a Slovak village close to the Austrian border.

The explosion of Austrian natural gas station in Baumgarten, December 12.

Blog: Environmental sustainability is the future for sustainability in business

A great example of how you can make a difference by sharing your passion with others: Ivana Maleš, co-founder of the Institute for Circular Economy, describes her journey to a sustainability consultant.

Illustrative stock photo