Business

Váhostav-SK is heavily involved in highway construction in Slovakia.

Bailout for Váhostav-SK creditors sails through parliament

AMID a race to pass legislation that would come into effect before construction firm Váhostav-SK meets with creditors April 30, Prime Minister Robert Fico's government passed an overhaul to insolvency laws coupled…

Jana Liptáková, 24. Apr 2015, at 10:44
Labour Minister Ján Richter

New employment programmes target graduates

THE GOVERNMENT is to start two new national projects to help people better navigate the job market -- the National System of Occupations (NSP) and the National System of Qualifications (NSK) -- Prime Minister Robert…

Compiled by Spectator staff, 24. Apr 2015, at 6:41

State railways denies responsibility for RegioJet derailing

THE STATE railway company Železnice SR (ŽSR) is not responsible for derailment of RegioJet train on March 16,  spokeswoman Martina Pavliková told the TASR newswire on April 23.

Compiled by Spectator staff, 24. Apr 2015, at 6:39

Funny stories not just on Fools’ Day

EMPLOYEES of the Regulatory Authority for Electronic Communications and Postal Services (RÚ) experience funny situations due to various odd requirements and statements from both citizens and operators – and not just…

Compiled by Spectator staff, 24. Apr 2015, at 6:00

Košice to have regular flights to Kiev starting in May

THE EASTERN-Slovak city of Košice will have a regular air connection to Kiev beginning mid-May operated Czech Air (ČSA).

Compiled by Spectator staff, 23. Apr 2015, at 14:19
NBS building, Bratislava

Slovak banks profited in 2014 despite higher operating costs

BANKING sector in Slovakia recorded 0.7 percent year-on-year profit increase of €560 million, the country’s central bank (NBS) reported in 2014 Report on Financial Market Development which was filed to the…

Compiled by Spectator staff, 23. Apr 2015, at 14:17
Váhostav has enjoyed many state orders.

Váhostav-SK to pay debts with shares

CONSTRUCTION company Váhostav-SK, currently undergoing restructuring, will exchange 49 percent of its shares to pay of debts to unsecured creditors – primarily small-sized firms and the self-employed.

Compiled by Spectator staff, 23. Apr 2015, at 12:51
Tesco is the largest British investor in Slovakia

Tesco records record loss in 2014, Slovakia better

TESCO's poor financial results were impacted by an accounting scandal related to the over-valuation of the firm’s profit and the by decline in revenues caused by the pressure of discount outlets and price war among…

Compiled by Spectator staff, 22. Apr 2015, at 23:18

EC brings antitrust charges against Gazprom

THE European Commission alleges that Russian gas giant Gazprom has abused its dominant market position in central and Eastern Europe and the case has implications for Slovakia, which is nearly 100 percent dependent…

Jana Liptáková, 22. Apr 2015, at 16:20

RegioJet threatens with cancelling trains

PRIVATE Czech carrier RegioJet announced its plans to increase the number of trains on the Bratislava-Košice route. 

Compiled by Spectator staff, 22. Apr 2015, at 13:22

Police raid Váhostav

THE POLICE entered two buildings of the construction company Váhostav on April 22, one in Bratislava and one in Žilina where it resided in the past. 

Compiled by Spectator staff, 22. Apr 2015, at 13:10

Firms sign up for dual education

Cooperation between schools and companies to bolster job market.

Jana Liptáková, 22. Apr 2015, at 10:57

Finance Ministry expects deficit below 2 percent in 2016

THE DEFICIT is set to drop in 2016, with the state income from tax and levies to go up and Slovakia’s growth to accelerate next year, according to a Finance Ministry estimates released on April 21 on the outlines of…

Compiled by Spectator staff, 21. Apr 2015, at 22:36

Tonnes of food ends up in bins

SLOVAKIA disagrees with EU advice to remove the date of minimum durability from food packages and leave just the expiration date. The EU says that this measure could decrease the amount of food waste by 15 millions…

Compiled by Spectator staff, 21. Apr 2015, at 15:29

ST reveals price for sale of shares

SLOVAK Telekom (ST) published on April 21 the price for which the National Property Fund will offer its shares on the stock exchange.

Compiled by Spectator staff, 21. Apr 2015, at 13:19
VW Taigun

Bratislava carmaker may extend its model portfolio

The Slovak arm of the German carmaker Volkswagen is extending its production facilities in Bratislava.

Compiled by Spectator staff, 21. Apr 2015, at 6:35

Unemployment continues to decrease

THE JOBLESS rate shrank by 1.22 percentage points to March’s 12.06 percent over the last year.

Compiled by Spectator staff, 21. Apr 2015, at 6:29
Marián Moravčík, CEO of Váhostav-SK

Váhostav-SK threatens with bankruptcy proceeding if restructuring suspended

THE SLOVAK government will attempt to interrupt the ongoing restructuring of the Váhostav-SK construction company which should be concluded on April 30, Prime Minister Robert Fico announced after a working meeting…

Compiled by Spectator staff, 20. Apr 2015, at 13:32
PM Fico takes over Gabčíkovo

Italian Enel wants millions in compensation from Slovakia

SLOVENSKÉ Elektrárne (SE) electric power company is claiming more than €588 million as compensation for losing the rental and operation of Gabčíkovo hydroelectric power plant. 

Compiled by Spectator staff, 20. Apr 2015, at 13:22
People protested against uranium mining.

Uranium deposit not to be probed

NO GEOLOGICAL survey will be carried out at the uranium deposit in the Kurišková area near Košice for now.

Radka Minarechová, 17. Apr 2015, at 6:00

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