Slovalco Aréna
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Slovalco Aréna
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 - EBRD ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, 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 general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Žiar Nad Hronom
Žiar nad Hronom (slang: Žiar, , ; 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 settlement emerges, as a combination of Latin and Hungarian language, 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 language, Hungarian (''Szent Kereszt''), German (''Heiligs Creütz'') or Slovak language, Slovak (''Swaty Kriss''). Similar names were recorded in 1808, despite minor influence caused by linguistic development ...
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Slovakia
Slovakia, officially the Slovak Republic, 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 west, and the Czech Republic to the northwest. Slovakia's mostly mountainous territory spans about , hosting a population exceeding 5.4 million. The capital and largest city is Bratislava, while the second largest city is Košice. The Slavs arrived in the territory of the present-day Slovakia in the 5th and 6th centuries. From the late 6th century, parts of modern Slovakia were incorporated into the Pannonian Avars, Avar Khaghanate. In the 7th century, the Slavs played a significant role in the creation of Samo's Empire. When the Avar Khaghanate dissolved in the 9th century, the Slavs established the Principality of Nitra before it was annexed by the Great Moravia, Principality of Moravia, which later became Great Moravia. When Great Moravia fell in the 10th century, the territory was integrated i ...
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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 ...
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Aluminium
Aluminium (or aluminum in North American English) is a chemical element; it has chemical symbol, symbol Al and atomic number 13. It has a density lower than that of other common metals, about one-third that of steel. Aluminium has a great affinity towards oxygen, passivation (chemistry), forming a protective layer of aluminium oxide, oxide on the surface when exposed to air. It visually resembles silver, both in its color and in its great ability to reflect light. It is soft, magnetism, nonmagnetic, and ductility, ductile. It has one stable isotope, 27Al, which is highly abundant, making aluminium the abundance of the chemical elements, 12th-most abundant element in the universe. The radioactive decay, radioactivity of aluminium-26, 26Al leads to it being used in radiometric dating. 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+ ...
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ČSSR
The Czechoslovak Socialist Republic, (Czech and Slovak: ''Československá socialistická republika'', ČSSR) known from 1948 to 1960 as the Czechoslovak Republic (''Československá republika)'', Fourth Czechoslovak Republic, or simply Czechoslovakia, was the Czechoslovak state from 1948 until 1989, when the country was under communist rule, and was regarded as a satellite state in the Soviet sphere of interest. Following the 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 " people's democratic state" when the Ninth-of-May Constitution became effective. The traditional name (''Czechoslovak Republic''), along with several other state symbols, were changed on 11 July 1960 following the implementation of the 1960 Constitution of Czechoslovakia as a symbol of the "final victory of socialism" in the country. In April 1990, shortly after the Velvet Revolution, the Czechoslov ...
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Prague
Prague ( ; ) is the capital and List of cities and towns in the Czech Republic, largest city of the Czech Republic and the historical capital of Bohemia. Prague, located on the Vltava River, has a population of about 1.4 million, while its Prague metropolitan area, metropolitan area is home to approximately 2.3 million people. Prague is a historical city with Romanesque architecture, Romanesque, Czech Gothic architecture, Gothic, Czech Renaissance architecture, Renaissance and Czech Baroque architecture, Baroque architecture. It was the capital of the Kingdom of Bohemia and residence of several Holy Roman Emperors, most notably Charles IV, Holy Roman Emperor, Charles IV (r. 1346–1378) and Rudolf II, Holy Roman Emperor, Rudolf II (r. 1575–1611). It was an important city to the Habsburg monarchy and Austria-Hungary. The city played major roles in the Bohemian Reformation, Bohemian and the Protestant Reformations, the Thirty Years' War and in 20th-century history a ...
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Hydro Aluminium
Hydro (from ) may 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 * Micro hydro, a type of hydroelectric power that typically produces from 5 kW to 100 kW of electricity using the natural flow of water * Pico hydro, a term used for hydroelectric power generation of under 5 kW * Small hydro, the development of hydroelectric power on a scale suitable for local community and industry, or to contribute to distributed generation in a regional electricity grid Utilities Australia * Snowy Hydro * Hydro Tasmania Canada * Canadian Hydro Developers (not specific to a province) * In Manitoba: ** Manitoba Hydro ** Winnipeg Hydro, Manitoba * In Ontario: ** Hydro One ** Ontario Hydro ** Hydro Ottawa ** Toronto Hydro * Specific to other provinces: ** BC Hydro, British Columbia ** Newfoundland and Labrador Hydro ** Hydro-Québec E ...
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EBRD
The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. 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 75 countries and two European Union institutions, the newest shareholder being Nigeria since February 2025. Despite its public sector shareholders, it invests in private ente ...
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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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Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency, and not a part of the Kingdom; Norway also Territorial claims in Antarctica, claims the Antarctic territories of Peter I Island and Queen Maud Land. Norway has a population of 5.6 million. Its capital and largest city is Oslo. The country has a total area of . The country shares a long eastern border with Sweden, and is bordered by Finland and Russia to the northeast. Norway has an extensive coastline facing the Skagerrak strait, the North Atlantic Ocean, and the Barents Sea. The unified kingdom of Norway was established in 872 as a merger of Petty kingdoms of Norway, petty kingdoms and has existed continuously for years. From 1537 to 1814, Norway ...
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Norsk Hydro
Norsk Hydro ASA (often referred to as just ''Hydro'') is a Norway, Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world and is active on all continents. The Government of Norway, Norwegian state owns 34.3% of the company through the Ministry of Trade and Industry (Norway), Ministry of Trade, Industry and Fisheries. A further 6.5% is owned by Folketrygdfond, which administers the Government Pension Fund of Norway. Norsk Hydro employs approximately 35,000 people. Eivind Kallevik has been the CEO since May, 2024, following Hilde Merete Aasheim. Rune Bjerke has been the Chairman since 2024 and Magnus Aakvaag (the grandson of former CEO Torvild Aakvaag) serves as a strategic advisor. Hydro had a significant presence in the petroleum, oil and natural gas, gas industry until October 2007, when these operations were merged with History of Statoil (1972 ...
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