Owner of Slovakia's Major Web Portals Topky and Zoznam Faces Mounting Debts and Tax Authority Scrutiny

The company behind two of Slovakia's most visited internet platforms, Topky.sk and Zoznam.sk, is facing serious financial difficulties, with debts running into millions of euros while its bank account held only a few thousand euros in available funds. Slovak tax authorities have begun monitoring the firm, adding regulatory pressure to its already strained financial position. Topky.sk is one of Slovakia's most-read news websites, while Zoznam.sk is a long-established internet portal and search directory — both are widely used by Slovak internet users, making the financial troubles of their parent company a notable development in the country's media and digital sector. The accumulation of liabilities against minimal liquid assets raises questions about the company's ability to continue normal operations and service its obligations going forward.