Business

Austrian Chancellor Werner Faymann, Czech PM Bohuslav Sobotka and Slovak PM Robert Fico (from left).

Slovakia to harmonise European and national interests in gas

WHEN it comes to gas, Slovakia must weigh European interests along with its own, Prime Minister Robert Fico said at a press conference in Slavkov u Brna, Czech Republic, on January 29, the TASR newswire reported.

30. Jan 2015, at 14:00
Economy Minister Pavol Pavlis

Opposition calls for Pavlis resignation

Economy Minister’s ties to Port Service company raise questions.

Jana Liptáková, 29. Jan 2015, at 17:16
ECB President Mario Draghi

Slovakia to benefit from quantitative easing

Policy supports exporters and lowers the cost of servicing state debt.

29. Jan 2015, at 15:12
One of the drugs to be withdrawn from pharmacies.

Eleven generic drugs withdrawn from Slovak pharmacies

Slovak State Institute for Drug Control (ŠÚKL) on January 28 suspended the distribution of 11 generic drugs and withdrew them from the market.

Compiled by Spectator staff, 29. Jan 2015, at 14:00
Commuters will get 50-percent discount.

Commuters on trains will get big discounts

PEOPLE are able to commute to work on trains with discounts of 50 percent as of February 1, according to the proposal passed by the government at its January 28 session. The bigger rail discounts for working people…

Compiled by Spectator staff, 29. Jan 2015, at 10:00
Temporary employees maybe hired under new rules.

MPs override veto on temporary employment law

PARLIAMENT overrode the president’s veto and passed again the amendment to the Labour Code based on which the conditions for temporary employment will become stricter as of March. 

Compiled by Spectator staff, 29. Jan 2015, at 10:00
State tenders are long.

State tenders take six months on average

AN AVERAGE state tender took six months in 2014, the longest period in the past five years, according to the analysis by ethics watchdog Transparency International Slovensko (TIS) which it based on the Public…

Compiled by Spectator staff, 29. Jan 2015, at 10:00
Wizz Air will open a new operational base at the Košice airport.

New flights from Košice to Italy and UK

THE LOW-cost airline Wizz Air will open a new operational base at the Košice airport, which should result in 30 new jobs and two regular routes.

29. Jan 2015, at 10:00

Second pillar will open for three months

SAVERS in the second private pension pillar will be allowed to leave it, as it will open for three months from March 15 to June 15. This stems from the amendment to the law on pension savings passed by the…

Compiled by Spectator staff, 28. Jan 2015, at 14:00

NBS predicts higher economic growth and price stagnation

THE NATIONAL Bank of Slovakia (NBS), the country’s central bank, has revised its December prognosis, predicting higher economic growth and a zero increase in prices in 2015.

Compiled by Spectator staff, 28. Jan 2015, at 14:00

SE will get a new boss

CURRENT head of Slovakia’s dominant electricity producer Slovenské Elektrárne (SE) Luca D’Agnese ends at his post of the head of Enel group in eastern Europe. He will replace Luigi Ferraris, who resigned from the…

Compiled by Spectator staff, 28. Jan 2015, at 14:00

SOPK: Businesses expect 2015 to be worse than 2014

Entrepreneurs evaluated their own economic results from 2014 in a more negative light than a year earlier and, thus, their expectations for 2015 are significantly more pessimistic, according to the latest survey…

28. Jan 2015, at 10:00

Slovakia improved in the Index of Economic Freedom

SLOVAKIA improved its position in the Index of Economic Freedom when it advanced by seven places to 50th position. It however did not succeed to rub out last year’s drop when it fell by 15 places, the SITA newswire…

27. Jan 2015, at 14:00

Niki postponed its expansion into Bratislava

AIR carrier Niki, a subsidiary of Air Berlin, has postponed its expansion into Bratislava. Direct flights on the line Bratislava-Brussels, will become reality as late as October 5, 2015 due to the market situation,…

27. Jan 2015, at 10:00

Amazon plans major Slovak expansion in 2015

Amazon (US) announced on January 23 that it plans to create 100 new jobs at its branch in Bratislava this year. Currently, the internet trading company Amazon employs 600 people in its Bratislava branch.

26. Jan 2015, at 14:00
The second pillar will open, again.

More changes for second pillar

IN RESPONSE to the small payments going to the first pensioners-to-be from the second, private, pension pillar, Prime Minister Robert Fico says he will look for ways to allow those savers to move their money back…

Jana Liptáková, 26. Jan 2015, at 0:00
Funded kid corners are an opportunity for babysitters.

Policy urges new hiring of mothers

THE GOVERNMENT wants to support firms running the so-called kid corners aiming to open the job market to more women who are caring for children under the age of six. While NGOs and firms welcomed the measure, they…

Roman Cuprik, 26. Jan 2015, at 0:00
Business in short

Bratislava bypass as PPP

THE MUCH needed bypass of Bratislava will be built as a public-private partnership (PPP) project. The government green lighted this variant of its construction on January 21. The opposition, which also sees building…

Compiled by Spectator staff, 26. Jan 2015, at 0:00
Business in short

Car industry exceeds expectations

IN SPITE of concerns that the EU-Russia tit-for-tat sanction war would reduce production of cars in Slovakia, the reality exceeded expectations as carmakers in Slovakia managed to find alternative markets. The…

Compiled by Spectator staff, 26. Jan 2015, at 0:00

Electronic marketplace fully operational in February

AN ELECTRONIC marketplace, which is part of the Electronic Contracting System (ECS), will go into full service from February 1 of this year, Interior Minister Robert Kaliňák told press on January 22, the SITA…

23. Jan 2015, at 14:00

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