Business

Conference held by the Business Service Center Forum.

Business service centres migrate to Slovakia

IN RECENT years a number of international companies have established shared business and service centres in Slovakia, creating a new, significant economic that gives jobs to thousands of educated Slovaks. The number…

Jana Liptáková, 26. May 2015, at 14:56

Poprad-Riga flight connection will get stopover in Warsaw

LATVIAN airlines airBaltic will continue operating the flights from Riga to Poprad, with the plan to establish a stopover in Warsaw.

Compiled by Spectator staff, 26. May 2015, at 13:30

Penta buys remaining stock in Dôvera

THE INVESTMENT group Penta will become the sole owner of the private health insurer Dôvera. 

Compiled by Spectator staff, 26. May 2015, at 13:27

EC to look into stripped support for producers of power from RES

THE removal of support for producers of electricity from renewable energy sources (RES) will be investigated by the European Commission, as has been confirmed at talks between Slovak energy producers in Brussels,…

Compiled by Spectator staff, 26. May 2015, at 6:48

Váhostav’s restructuring plan allegedly approved

WHILE courts decided over the restructuring plan of Váhostav-SK, an ill-fated construction company owing millions of euros to its creditors and on the brink of bankruptcy, by the deadline of May 22, the verdict will…

Compiled by Spectator staff, 26. May 2015, at 6:32

Fair presented more than 26,000 jobs

THE FIFTH year of Slovakia’s largest job fair JobExpo 2015, featuring 140 Slovak and more than 20 foreign employers with more than 26,000 job vacancies, was concluded at the Agrokomplex exhibition site in Nitra at…

Compiled by Spectator staff, 26. May 2015, at 6:30
Meal vouchers are a common benefit in Slovakia.

Employee benefit packages evolving

Trends include so-called “healthy” benefits combining work and private life.

Peter Adamovsky, 26. May 2015, at 6:27
Strike alert announced at PSA Peugeot Citroen Trnava

Union at PSA Peugeot Citroen Trnava announces strike alert

THE TRADE union at the PSA Peugeot Citroen plant in Trnava announced May 22 that it was going into strike alert as of noon on the same day following the failure of a mediator from the Labour, Social Affairs and the…

Compiled by Spectator staff, 25. May 2015, at 13:48
PM Fico announced a package of social measures

Fico unveils second social package

PRIME minister and Smer chairman Robert Fico, at the governing party’s congress in Bratislava on May 23, unveiled the cabinet’s second social, economic and financial package comprising 15 items worth a total of €200…

Compiled by Spectator staff, 25. May 2015, at 13:45
There is no woman in the current Slovak cabinet.

Gender pay gap remains a problem

SLOVAK women earn 20 percent less than men on average, a statistic that is worse than the European Union average, and part of a global trend that Pope Francis recently called a “pure scandal”.

Erik Rédli, 25. May 2015, at 5:30
The biggest share of illicit work was in wholesale, retail, construction, accommodation and restaurants.

Uncovering illegal work

LABOUR inspectorates concluded the most audits in 2014 of the last four years, focused on uncovering the observance of the ban on illegal work and illegal employment.

Compiled by Spectator staff, 25. May 2015, at 5:24

UPDATED: Report: Slovakia a finalist to host new car plant

SLOVAKIA and Poland are said to be the last two countries competing for a new unspecified car plant while final decision could be made in the summer 2015, the public service RTVS published on May 20.

Compiled by Spectator staff, 22. May 2015, at 7:11
Váhostav has enjoyed many state orders.

Váhostav set to apply for motorway tenders

CONSTRUCTION company Váhostav-SK is interested in taking part in all motorway tenders launched this year by the National Highway Company (NDS) provided that its restructuring plan is approved, Director Marián…

Compiled by Spectator staff, 22. May 2015, at 6:31

Living up to promises

MORE than 20 years after the regime change, critical corporate issues still prevent companies in the central and eastern Europe (CEE) region from becoming more competitive,

Compiled by Spectator staff, 22. May 2015, at 6:31

EC recommends focus on tax, social policies

THE COLLECTION of taxes, long-term joblessness and the business environment are areas where Slovakia still has much to improve, the European Commission stated in country-specific recommendations issued in mid May.

Radka Minarechová, 21. May 2015, at 23:27
Finance Minister Peter Kažimír and Deutsche Telekom CEO Timotheus Höttges, from left

States’s share in Slovak Telekom sold for €900 million

SLOVAKIA sold its minority stake in the telecommunications company Slovak Telekom (ST) for €900 million to the German telecommunications operator Deutsche Telekom after Prime Minister Robert Fico's government…

Jana Liptáková, 21. May 2015, at 18:58
MPs withdrew the planned obsolescence ban from parliamentary discussion.

Slovakia not to ban planned obsolescence, for now

SLOVAKIA will not have legislation banning planned obsolescence after Otto Brixi, MP for the ruling Smer party, withdrew a draft revision on consumer protection banning such policies from the ongoing parliamentary…

Compiled by Spectator staff, 21. May 2015, at 13:13
Marián Valentovič

Jobless rate down to 11.68 percent in April

THE UNEMPLOYMENT rate in Slovakia fell to 11.68 percent in April, a drop of 0.38 percentage points month-on-month and of 1.28 p.p. year-on-year, Labour, Social Affairs and the Family Centre (ÚPSVaR) Director Marián…

Compiled by Spectator staff, 21. May 2015, at 6:14

IT distributors fined for cartel agreement

THE ANTIMONOPOLY Office (PMÚ) fined five IT distributors €4.28 million.

Compiled by Spectator staff, 20. May 2015, at 13:14

Minimum pensions to differ, opposition criticises changes

AS OF THIS July Slovak pensioners will be guaranteed a minimum pension, but its sum will depend whether the pensioner saved for pension only in the first, pay-as-you-go pension pillar or also in the second, private…

Jana Liptáková, 20. May 2015, at 12:01

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