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Quote of the week


"The historical situation now requires that we create a layer of domestic businessmen, and to divide between them and other citizens the property which they built up through their own work."

Then-Prime Minister Vladimír Mečiar, explaining in 1995 his government's privatisation strategy, which involved preferring domestic over foreign buyers of state property. In line with this policy, in 1995 a management company called Slovintegra bought a 39% stake in the Slovnaft refinery for one billion crowns, or $3.6 (155 crowns) per share.




"From our perspective this is a very good price."

Slovnaft President Slavomír Hatina, a Slovintegra shareholder, commenting on April 3, 2000 on the sale of a 36% stake in Slovnaft to the Hungarian MOL for 11.3 billion crowns, or $36 (1,561 crowns) per share.


Top stories

Surcharges for night, weekend and holiday work will go up in two phases

Social partners agree upon a compromise solution.

Giving a voice to those unheard

The Sme daily celebrates 25 years since its founding. It is of immense importance that it remains independent and free, writes its editor-in-chief.

The Sme daily celebrates 25th anniversary

The newspaper, which was established as a protest against autocratic power, has been published for 25 years.

The first issue of Sme in own printing house; publisher Alexej Fulmek (C) with chief editor Karol Ježík (R).

Ryanair changes its cabin bag policy as of Monday, January 15th

The low-cost airline operates dozens routes from Bratislava.

ryanair plane, illustrative stock photo