Slavomír Hatina has retired after several failed attempts to invest the proceeds from the sale of Slovnaft oil refinery, which he privatized on the cheap in mid-1990s. His only successful venture is the Czech plastic packaging producer Granitol, and even its sales have fallen by €3.5m since 2016, to last year’s €45m. Hatina lost money on his investment into mineral water maker Trenčianske minerálne vody. He lost €25m on the Medissimo hospital in Bratislava. Recently, he sold the loss-making power plant in Levice to Veolia. A project of cutting ultra-hard materials by laser, Biatec Laser Technology, ended up with a loss of €2.7m. Wood flooring maker Quercus, which was to use the laser technology, has accumulated losses of €3.3m. His small ski resort, Králiky, near Banská Bystrica has accumulated €2m in losses so far.