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Slovalco
Slovalco is a large Slovak metallurgical company that produced 160,000 tonnes of aluminium and alloys per annum. In 2022, Slovalco laid off most of its 450 employees, citing high energy costs. Instead of concentrating on primary aluminium production, the company re-oriented to remelting with an expected annual output of roughly 75,000 tons. In January 2023, the company shut down the remaining 10 cells, ceasing aluminium production in the city after almost 70 years. History *December 1985 - approval of project by the ČSSR's government in Prague ; *March 1986 - know - how contract signed with Hydro Aluminium and start of construction ; *1987 - carbon plant is finished *1989 - potroom is finished *1989 - last year of financing from state centralized sources *1992 - construction ceases (65% of project complete) *April 1993 - negotiation with EBRD *7 June 1993 - Slovalco is founded *July 1994 - Slovalco signs a sovereign guaranteed loan agreement with EBRD *October 1994 - EBR ...
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Slovalco Aerial
Slovalco is a large Slovak metallurgical company that produced 160,000 tonnes of aluminium and alloys per annum. In 2022, Slovalco laid off most of its 450 employees, citing high energy costs. Instead of concentrating on primary aluminium production, the company re-oriented to remelting with an expected annual output of roughly 75,000 tons. In January 2023, the company shut down the remaining 10 cells, ceasing aluminium production in the city after almost 70 years. History *December 1985 - approval of project by the ČSSR's government in Prague ; *March 1986 - know - how contract signed with Hydro Aluminium and start of construction ; *1987 - carbon plant is finished *1989 - potroom is finished *1989 - last year of financing from state centralized sources *1992 - construction ceases (65% of project complete) *April 1993 - negotiation with EBRD *7 June 1993 - Slovalco is founded *July 1994 - Slovalco signs a sovereign guaranteed loan agreement with EBRD *October 1994 - ...
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Žiar Nad Hronom
Žiar nad Hronom (slang: Žiar, german: link=no, Heiligenkreuz, hu, Garamszentkereszt; until 1920 ''Svätý Kríž'' and until 1955 ''Svätý Kríž nad Hronom'') is a city in Banská Bystrica Region, Slovakia. Name development The name of the settlement has gone through multiple developments. Prior to 1237, the settlement was known as a ''place with a toll station''. In 1237, first name of the settlmenet emerges, as a combination of Latin and Hungarian, with the town called ''Cristur'' (later ''Kerestúr''), which translates to ''The Cross of the Lord''. Back then, the settlement was split between the dominions of the Šášov castle and the Benedictine Abbey of Hronský Beňadik. In 1773, the village was known as ''Holy Cross'', in various language versions, including Latin (''Sancta Crux''), Hungarian (''Szent Kereszt''), German (''Heiligs Creütz'') or Slovak (''Swaty Kriss''). Similar names were recorded in 1808, despite minor influence caused by linguistic development ...
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Penta Investments
Penta is a Central Europe investment group founded in 1994 in Slovakia by Czech Marek Dospiva and Slovaks Jaroslav Haščák, Juraj Herko, Martin Kúšik and Jozef Oravkin. Today, the group actively develops companies and projects, primarily in healthcare, financial services, retail, manufacturing, real estate and media. Having grown from a local to international company, Penta operates in more than ten markets across Europe, providing more than 37,000 jobs through investee companies. In financial year 2015 Penta achieved a consolidated net profit of EUR 200 mln and increased total portfolio assets to EUR 7 bln. The name Penta is a tribute to the original five founding partners, all schoolmates during their studies in Moscow and Czechoslovakia. Penta Investments group and its co-owner Jaroslav Haščák have been associated with the Gorilla scandal, a corruption affair that erupted in Slovakia in 2012. The company has been denying the allegations and interpreted the "Gorilla" ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Slovakia
Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the southwest, and the Czech Republic to the northwest. Slovakia's mostly mountainous territory spans about , with a population of over 5.4 million. The capital and largest city is Bratislava, while the second largest city is Košice. The Slavs arrived in the territory of present-day Slovakia in the fifth and sixth centuries. In the seventh century, they played a significant role in the creation of Samo's Empire. In the ninth century, they established the Principality of Nitra, which was later conquered by the Principality of Moravia to establish Great Moravia. In the 10th century, after the dissolution of Great Moravia, the territory was integrated into the Principality of Hungary, which then became the Kingdom of Hungary in 1000. In 1241 a ...
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Green Arrow Up
Green is the color between cyan and yellow on the visible spectrum. It is evoked by light which has a dominant wavelength of roughly 495570 nm. In subtractive color systems, used in painting and color printing, it is created by a combination of yellow and cyan; in the RGB color model, used on television and computer screens, it is one of the additive primary colors, along with red and blue, which are mixed in different combinations to create all other colors. By far the largest contributor to green in nature is chlorophyll, the chemical by which plants photosynthesize and convert sunlight into chemical energy. Many creatures have adapted to their green environments by taking on a green hue themselves as camouflage. Several minerals have a green color, including the emerald, which is colored green by its chromium content. During post-classical and early modern Europe, green was the color commonly associated with wealth, merchants, bankers, and the gentry, while red was r ...
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Aluminium
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of 26Al is used in radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity tow ...
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ČSSR
The Czechoslovak Socialist Republic, ČSSR, formerly known from 1948 to 1960 as the Czechoslovak Republic or Fourth Czechoslovak Republic, was the official name of Czechoslovakia from 1960 to 29 March 1990, when it was renamed the Czechoslovak Federative Republic, sk, Česko-slovenská federatívna republika, ČSFR. On 23 April 1990, it became the Czech and Slovak Federative Republic, sk, Česká a Slovenská Federatívna Republika, ČSFR. From 1948 until the end of November 1989, the country was under Marxist-Leninist state, Communist rule and was regarded as a satellite state in the Soviet sphere of interest. Following the 1948 Czechoslovak coup d'état, coup d'état of February 1948, when the Communist Party of Czechoslovakia seized power with the support of the Soviet Union, the country was declared a socialist republic when the Ninth-of-May Constitution became effective. The traditional name (''Czechoslovak Republic''), along with several other state symbols, were change ...
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Prague
Prague ( ; cs, Praha ; german: Prag, ; la, Praga) is the capital and largest city in the Czech Republic, and the historical capital of Bohemia. On the Vltava river, Prague is home to about 1.3 million people. The city has a temperate oceanic climate, with relatively warm summers and chilly winters. Prague is a political, cultural, and economic hub of central Europe, with a rich history and Romanesque, Gothic, Renaissance and Baroque architectures. It was the capital of the Kingdom of Bohemia and residence of several Holy Roman Emperors, most notably Charles IV (r. 1346–1378). It was an important city to the Habsburg monarchy and Austro-Hungarian Empire. The city played major roles in the Bohemian and the Protestant Reformations, the Thirty Years' War and in 20th-century history as the capital of Czechoslovakia between the World Wars and the post-war Communist era. Prague is home to a number of well-known cultural attractions, many of which survived the ...
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Hydro Aluminium
Hydro from Ancient Greek word ὕδωρ (húdōr), meaning ''water''. Hydro may also refer to: Energy technologies * Water-derived power or energy: ** Hydropower, derived from water ** Hydroelectricity, in electrical form * "Hydro", AC mains electricity in parts of Canada Utilities Australia * Snowy Hydro * Hydro Tasmania Canada * Canadian Hydro Developers (not specific to a province) * In Manitoba: ** Manitoba Hydro ** Winnipeg Hydro, Manitoba * In Ontario: ** Ontario Hydro ** Hydro One ** Hydro Ottawa ** Toronto Hydro * Specific to other provinces: ** BC Hydro, British Columbia ** Newfoundland and Labrador Hydro ** Hydro-Québec Europe * Norsk Hydro, in Norway * Scottish Hydro Electric Other uses * Hydro (fuel-station chain), in Sweden * SF ''Hydro'', former Norwegian railway ferry Places * Hydro, Oklahoma, United States * Hydro, Ontario, Canada Personal names * "Hydro", professional wrestler Jamar Shipman Buildings * Hydro, a term for a hyd ...
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EBRD
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 71 countries and two European Union institutions, the newest shareholder being Algeria since October 2021. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners. The EBRD is not to be confused with the European Investment Bank (EIB) ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the se ...
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