August - 2019

Ján Sabol aims to acquire drug maker Saneca Hlohovec

A group led by Ján Sabol aims to acquire drug maker Saneca Hlohovec from the Czecho-Slovak investment group Wood & Company. It already owns 11% and wants to have a majority stake shortly. Sabol is a major investor in Wood & Company’s investment funds. Not far from Hlohovec, in Leopoldov, it has plants for fuel bio-additives with annual sales of over €500m. Sabol’s farms supply poppy seeds for Saneca’s morphine production. Saneca has been breaking even in recent years and its

Tatra banka, ČSOB, and Penta among suitors to buy OTP Banka Slovensko

The largest bank in Hungary, OTP, is selling its Slovak subsidiary, according to sources of the Trend weekly. Over the past ten years, OTP Banka Slovensko has lost €38.4m and its market share, based on total assets, has shrunk to 1.8%. Besides the small Fio banka, all other banks in Slovakia are in the black. The Slovak OTP was for sale back in 2008, but no bid was deemed high enough. Now, Tatra banka, ČSOB, and Penta are allegedly among the potential suitors. Just three bank

Ján Sabol kupuje výrobcu liekov Saneca Hlohovec

Skupina okolo Jána Sabola chce kúpiť od česko-slovenskej investičnej skupiny Wood & Company výrobcu liekov Saneca Hlohovec. V súčasnosti tam vlastní 11% akcií a chce získať majoritný podiel. Sabol je významný investor v investičných fondoch Wood & Company. Neďaleko Hlohovca, v Leopoldove, má závody na výrobu biopalív z obilnín a olejnín s ročnými tržbami 0,5 mld €. Jeho farmy dodávajú mak na morfínovú výrobu Sanecy. Tá má v posledných rokoch nulové zisky a ročné tržby pod 50

Tatra banka, ČSOB a Penta chcú kúpiť OTP Banku Slovensko

Najväčšia maďarská banka OTP predáva svoju slovenskú dcéru, tvrdia zdroje týždenníka Trend. OTP Banka Slovensko za posledných desať rokov prerobila 38,4 mil. € a jej trhový podiel podľa aktív sa znížil na 1,8%. Okrem Fio banky sú zvyšné banky na Slovensku v zisku. Na predaj bola už v roku 2007, vtedy ale Maďari nedostali dostatočnú ponuku. Teraz majú údajne záujem Tatra banka, ČSOB a Penta. Za posledných desať rokov na Slovensku zmenili majiteľa iba tri banky (Istrobanka, Dex

Justice was for sale, said President Zuzana Čaputová

Justice was for sale and some people could buy it with the help of select judges, prosecutors and policemen, said President Zuzana Čaputová. She added that keeping Deputy Justice Minister Monika Jankovská (Smer) in her job is untenable given suspicions of her communication with Marian Kočner. She criticized the vetting of journalists and prosecutors by the police and defended the investigators of Ján Kuciak’s murder. This was her sharpest critique of the ruling coalition sinc

HB Reavis is the largest office developer in the EU

HB Reavis (Ivan Chrenko) is the leading office developer in the EU in terms of prepared projects, according to data of PropertyEU. Projects with an area of 1.078m sqm are in its pipeline, followed by Axa Investment Managers (951,057 sqm) and Skanska CDE (879,643 sqm). Its largest projects are Nové Nivy (Bratislava), Varso Place (Warsaw), One Waterloo (London) and Agora Budapest. (hbreavis.com)

HB Reavis je najväčším developerom kancelárskych plôch v EÚ

HB Reavis (Ivan Chrenko) vedie poradie developerov kancelárskych plôch v EÚ, ukazujú údaje portálu PropertyEU. V súčasnosti plánuje výstavbu 1,078 m2 kancelárií. Nasledujú Axa Investment Managers (951.057 m2) a Skanska CDE (879.643 m2). Medzi najväčšie projekty HB Reavis patria Nové Nivy (Bratislava), Varso Place (Varšava), One Waterloo (Londýn) a Agora Budapest. (hbreavis.com)

Spravodlivosť bola tovarom, hovorí prezidentka Zuzana Čaputová

Spravodlivosť bola tovarom, ktorú si niektorí ľudia dokázali kúpiť a časť zástupcov súdov, prokuratúry a polície ich chránila, uviedla včera prezidentka Zuzana Čaputová. Zotrvanie štátnej tajomníčky Ministerstva spravodlivosti Moniky Jankovskej (Smer) vo svojej funkcii je neobhájiteľné pre podozrenie z komunikácie s Marianom Kočnerom, dodala Čaputová. Kritizovala aj policajné lustrácie novinárov a prokurátorov a zastala sa vyšetrovateľov vraždy Jána Kuciaka. Išlo o jej najost

Trend weekly published communist propaganda

The Trend weekly published a 1-page ad in which the Chinese ambassador to Slovakia, J.E. LIN Lin, says that “China fully adheres to the one country-two systems” in Hong Kong. Organizers of the current protests “are financed from abroad and the situation has begun to show signs of terrorism.“ Although about a third of all Hong Kong inhabitants have repeatedly taken part in the protests, Lin writes about “individuals” causing trouble. Slovak media have previously rejected ads v

U.S. Steel will switch to a 5-day work week in September

The Košice-based steel mill U.S. Steel announced that it will switch to a 5-day work week in September. In May, and then in July-August, it moved to four days a week, due to low demand stemming from high steel imports from Asia. The management wanted to keep the 4-day week in September but labor unions disagreed. The company still uses just two of its three blast furnaces after it closed the remaining one in June. About 700 workers have already taken up the offer to leave vol

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