U.S. Steel stays in Košice. U.S. Steel Corporation changed its mind and did not sell its U.S. Steel Košice (USSK) subsidiary in eastern Slovakia. Representatives of the Slovak government and the US company signed a memorandum on March 26 in Košice, after the return of Prime Minister Robert Fico from a whirlwind two-day trip to the headquarters of U.S. Steel in Pittsburgh. In return for not selling the plant, the state provided it aid in the form of relief in energy and environmental costs.

Completion of Mochovce nuclear power plant will cost more than originally planned. Fulvio Conti, CEO of the Italian energy group Enel, holding 66 percent of Slovenské Elektrárne, informed at the annual press conference that completion of the third and fourth units of the nuclear power station in Mochovce will cost €3.8 billion. The original price tag was €1 billion lower.

Peugeot 208 destined for Russian market. The Trnava-based carmaker PSA Peugeot Citroën Slovakia launched production of the Peugeot 208 model for the Russian market.

THE YEAR IN BUSINESS

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