Postal Service Contractor Goes Bankrupt Despite Multi-Million Deal, Leaves Only Two Used Cars

A company that secured lucrative contracts worth millions from Slovakia's postal service has declared bankruptcy, leaving behind only two used vehicles as assets. The Piešťany-based firm Kios, despite having a substantial business history, was unable to avoid financial collapse. The bankruptcy highlights concerns about the financial stability of contractors handling significant public service operations, particularly given the contrast between the company's reportedly valuable postal contracts and its minimal remaining assets.