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In the Slovakian business world, it was very interesting late last week to see new conflicting information about the clash between Arca and his creditors. Hopes that bankruptcy or restructuring will take place calmly and quickly is very weak after last week.
Ivan Kmotrík, who was publicly silent, was surprised by the announcement that he had agreed with the banks to repay the loan for the construction of the National Football Stadium, although the state has disagreement over who will pay for it. He has never had a more serious problem in his company, which employs more than 7,000 people.
For the entire domestic company, what the Ministry of Health and the SaS party present in their anti-pandemic plan today will be of interest. Its leader Richard Sulík has already indicated in advance that they believe that business and social life should only be limited by how the individual regions are really threatened by the corona virus.
To summarize important news for Slovak companies in 1,550 words, What’s Read 7 minutes, Ivan Haluza.
1. Despite many suspicions, Arca has so far successfully defended creditors
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