St. Nicolaus and Heliades acquired majority in Corner SK, a distributor of wine, coffee, and spirits
St. Nicolaus (Ján Sabol) and Heliades (Oszkár Világi) acquired a majority stake in Corner SK , a distributor of wine, coffee, and spirits. The current owner, Wine Consulting (Marián Kubis), retained a 20% stake. The new owners, with extensive experience in the beverage market, are expected to invest in developing the product portfolio. ( hnonline.sk ) Last year, Corner SK increased its net profit sevenfold to €0.1m, and its sales grew by 4% to €17.6m.
Government plans €350-700m assistance to Andrej Babiš
The Environment Ministry is to take over cleaning up old waste dumps on land owned by Istrochem Bratislava (Andrej Babiš), and the government will discuss the proposal tomorrow. This would be the largest state aid approved by the current government. It would absorb all EU funds earmarked for cleaning up old environmental burdens, as well as state budget funds. The costs could climb to €350–700m, and approval of the project would run counter to fiscal consolidation goals. Bab
Vláda plánuje 350-700 mil. € pomoc Andrejovi Babišovi
Ministerstvo životného prostredia navrhlo prevziať zodpovednosť za staré skládky odpadu na súkromných pozemkoch firmy Istrochem Bratislava (Andrej Babiš) a vláda bude o návrhu rokovať zajtra. Išlo by o najväčšiu štátnu pomoc schválenú súčasnou vládou. Zhltla by všetky eurofondy vyhradené na sanáciu starých environmentálnych záťaží, ako aj financie zo štátneho rozpočtu. Náklady môžu dosiahnuť 350-700 mil. € a schválenie projektu by išlo proti nutnosti fiškálnej konsolidácie.
St. Nicolaus a Heliades získali väčšinový podiel v distribútorovi vína, kávy a destilátov Corner SK
Spoločnosti St. Nicolaus (Ján Sabol) a Heliades (Oszkár Világi) získali väčšinový podiel v distribútorovi vína, kávy a destilátov Corner SK . Doterajší majiteľ Wine Consulting (Marián Kubis) si ponecháva 20% podiel. Noví majitelia s bohatými skúsenosťami z trhu s nápojmi majú priniesť investície do rozvoja produktového portfólia. ( hnonline.sk ) Corner SK vlani zvýšil čistý zisk 7-násobne na 0,1 mil. € a tržby mu narástli o 4% na 17,6 mil. €.
PPP model will be more expensive and will delay bridge repairs
Repairing bridges on 1st-class roads using the PPP model will be dramatically less advantageous than traditional repairs funded from the state budget. A Finance Ministry study found that the state could repair 110–120 bridges per year for €80-90m, and after 10 years, the pace of investment could be reduced to less than half, as the bridges would already be in good condition. A Wood&Co study said that if the PPP model is used, from 2028 a private partner would begin repairing
Fitch affirmed Slovakia’s A- rating
Fitch affirmed Slovakia’s A- rating with a stable outlook. The country thus retained its 7th-highest rating. Interestingly, Fitch expects a much slower reduction in public finance deficits than planned by the government; it forecasts a deficit of 4.5% of GDP next year, compared with 4.1% in the state budget. US tariffs and slower economic growth in Germany remain challenges. In October, S&P also confirmed Slovakia’s rating. ( aktuality.sk )
Fitch potvrdila Slovensku rating A-
Agentúra Fitch potvrdila Slovensku rating A- so stabilným výhľadom. Štát si tak udržal siedmu najvyššiu známku. Fitch pritom očakáva oveľa nižšie než vládou plánované znižovanie schodkov verejných financií; budúci rok napr. očakáva schodok 4,5% HDP oproti 4,1% v schválenom štátnom rozpočte. Rizikom pre ekonomiku ostávajú americké clá a pomalší rast ekonomiky v Nemecku. V októbri rating Slovenska potvrdila aj agentúra S&P. ( aktuality.sk )
PPP model bude síce drahší, ale aspoň oneskorí opravy mostov
Oprava mostov na cestách 1. triedy cez PPP model bude dramaticky menej výhodná ako klasické opravy zo štátneho rozpočtu. Ministerstvo financií vypočítalo, že štát by za 80-90 mil. € vedel opraviť 110-120 mostov ročne a po 10 rokoch by sa tempo investícií mohlo znížiť na menej ako polovicu, keďže mosty by už boli v dobrom stave. Štúdia Wood&Co tvrdí, že v prípade PPP modelu by od roku 2028 súkromný koncesionár začal opravovať tempom 110-120 mostov ročne a štát bude platiť 80-
4ka is negotiating with competitor Orange about network sharing
Mobile operator 4ka is negotiating with competitor Orange about network sharing, said its co-owner Juraj Ondriš. It currently uses the Orange network for national roaming and is also negotiating an extension of this agreement. The other two competitors, O2 and Slovak Telekom, already share networks. 4ka is willing to drop technology from Chinese company ZTE, which it currently uses and which Orange finds objectionable. Ondriš estimated that negotiations with Orange could be
Dutch hi-tech cable manufacturer Neways opened €28m plant in Nová Dubnica
Dutch hi-tech cable manufacturer Neways opened a new €28m plant in Nová Dubnica. It will move production from its two existing plants in the city to the new facility and increase its workforce by 400 to 1,100 over two years. Its clients include Dutch ASML, whose lithographic plates are key to the global chip industry. ( openiazoch.sk ) Last year, the company increased its net profit in Slovakia by 53% to €1m and sales by 81% to €31.9m.
