BUSINESS IN SHORT

UniCredit to unite Slovak and Czech branches

UNICREDIT Bank is combining its activities on the Czech and Slovak markets, expecting synergy in the area of expenses, revenue and rationalisation of the organisational structure in 2014, the UniCredit Bank Slovakia’s Miroslav Štrokendl said on December 3 as quoted by the SITA newswire.

UNICREDIT Bank is combining its activities on the Czech and Slovak markets, expecting synergy in the area of expenses, revenue and rationalisation of the organisational structure in 2014, the UniCredit Bank Slovakia’s Miroslav Štrokendl said on December 3 as quoted by the SITA newswire.

Synergy in terms of revenue means financing bigger projects, he added.

The bank is expecting savings in the IT area as well as the purchasing of materials.

The bank has not identified what exactly the rationalisation of the organisational structure would mean, SITA wrote, adding that there is no clear answer to the question of layoffs either at the moment.

The balance sum for both banks will be about €16 billion, while UniCredit Bank Slovakia recorded at the end of September 2012 a balance sum of €4.009 billion, SITA reported.

Top stories

News digest: Green passes to be launched on Saturday, minister asks people not to sign up right away

Three other Delta variant cases confirmed in Slovakia. Travelling within the EU should be easier thanks to Green Passes. People in tourism optimistic about the upcoming season.


10 h
Marian Kocner and his lawyer at the Supreme Court

The wrong way to put things right

Overturning not-guilty verdicts, especially in cases as emotive as the Kuciak murder trial, is a very bad idea.


13 h
In 2020, the National Cybersecurity Centre was involved in investigating 450 ransom attacks.

North Koreans and Russians. How did hackers target Slovakia?

The security authority reported hundreds of attacks over the past year.


23. jún
Illustrative stock photo

First Delta variant case confirmed in Slovakia

The labs confirmed the strain in a positive sample from a person who returned from Russia.


23. jún