Spectator on facebook

Spectator on facebook

More big bonuses and severance pay expected for former executives of state firms

After media reported about the large severance package for Pavol Kravec, the departing head of Slovakia’s passenger railway company, the Sme daily wrote that Pavol Ďuriník, the former head of Cargo, the state-owned railway freight company, might also receive nearly €100,000 in bonuses and severance pay, according to Transport Ministry spokesman Martin Kóňa.

After media reported about the large severance package for Pavol Kravec, the departing head of Slovakia’s passenger railway company, the Sme daily wrote that Pavol Ďuriník, the former head of Cargo, the state-owned railway freight company, might also receive nearly €100,000 in bonuses and severance pay, according to Transport Ministry spokesman Martin Kóňa.

This is the third case of a so-called golden parachute in recent days as the former head of state-owned Slovenská pošta, Marcela Hrdá, also received a large severance package. Kóňa added that Ján Figeľ, the former transport minister from the Christian Democratic Movement (KDH), has left some more similar arrangements within the ministry-supervised firms. The spokesman for the ministry added that the amount to be paid in bonuses and severance pay is now getting close to €750,000, Sme wrote on June 12.

The trade union representative for employees of the passenger carrier, Slovakrail (ZSSK), has criticised the high bonuses paid to Kravec. The railway trade union said, as reported by the Pravda daily, that Kravec received a total of €170,000 during times of strict austerity measures when the company sacked hundreds of employees.

František Petroci, the head of the railway trade union, said that employees also dislike the fact that their salaries were not increased for some time and that managers of ZSSK were also trying to save money by cutting social benefits. Though the government finally increased salaries by a few percent, Petroci said that increase does not compensate for a fall in salaries in the past two years.

Source: Sme, Pravda

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

Slovakia responds cautiously to possible EC-Gazprom deal

EC says commitments by Gazprom would improve trade in Russian gas in Europe.

European Commissioner for Competition Margrethe Vestager speaks during a media conference regarding Gazprom at EU headquarters in Brussels on March 13.

Verdict reached on attacker in the case of the neo-Nazi attack on the Mariatchi bar Video

This is the third sentence concerning the attacks in front of the bar, but the main trial still waits for expert opinion.

Foreigners: Events in Bratislava

Tips for performances and other events in the capital between March 24 and Apr 2, including concerts, ballet, dance, comedy show, meeting, courses, festivals, exhibitions and more.

Hostages to fortune

Britain will trigger Article 50 to leave the EU on 29 March. She and her EU partners could, and should, guarantee the rights of their citizens living abroad – including tens of thousands of Slovaks in the UK. That…

Theresa May announced Brexit will start on March 29.