Spectator on facebook

Spectator on facebook

FOCUS SHORT

Dutch-owned firm stays in the black

THE SLOVAK construction market has been difficult. But Bratislava-based Dopravoprojekt, whose history dates back to 1949 and is now a member of Sudop Group, owned by Dutch Sudop International, managed to remain profitable.

THE SLOVAK construction market has been difficult. But Bratislava-based Dopravoprojekt, whose history dates back to 1949 and is now a member of Sudop Group, owned by Dutch Sudop International, managed to remain profitable.

The firm provides multi-disciplinary engineering services and project work and reported that its pre-tax profit shrank to €713,000 in 2011, down from €2.85 million in 2010. The company’s total revenues fell from €23.11 million in 2010 to €13.82 million in 2011, the SITA newswire reported in late May.

Dopravoprojekt CEO Gabriel Koczkáš said the main reasons were “the persisting decline in the sector, the small number of public tenders and the constantly rising competition, as well as expansion of foreign companies into the Slovak market”.

The firm expects a revival in the Slovak construction market this year.

Topic: Foreigners in Slovakia


Top stories

UPDATED: Slovakia’s Kuzmina wins Olympic gold Video

The Slovak biathlete dominates the 12.5km race at this year’s Winter Olympic Games in PyeongChang.

Anastasiya Kuzmina

Slovakia ends last in its preliminary group Photo

Slovenia defeated the Slovak team on shootouts.

Slovak archaeologists discover a key to understanding the Maya

Revolutionary laser technology has changed the view of current knowledge about the ancient Mayas. Slovak experts' findings are part of a major breakthrough in Maya archaeology.

Slovaks participate in a major breakthrough in Maya archaeology.

Will Kiska run for president?

Media reports suggest that Andrej Kiska will not run again. How does the situation look one year ahead of presidential election?

President Andrej Kiska