Business

Finance Minister Peter Kažimír (r), Interior Minister Robert Kaliňák (middle) and Justice Minister Tomáš Borec

Government continues to combat tax evasion

THE ROBERT Fico government is preparing an additional 30 measures by which it wants to combat tax avoidance and tax evasion in Slovakia. It wants, for example, to use cover companies to uncover criminal deeds, names…

Compiled by Spectator staff, 30. Jun 2015, at 6:33

Compromise at PSA Peugeot Citroën Trnava

TWO days before the start of a full-fledged strike announced for June 29, trade unions at the PSA Peugeot Citroën plant in Trnava reached a compromise agreement with the company’s management. 

Compiled by Spectator staff, 29. Jun 2015, at 13:48
Energy on Wheels (the oldest and the youngest cyclist)
New initiatives by Slovenské elektrárne (advertorial)

Energy for the public in Slovakia

The law of conservation of energy says that energy cannot be created or destroyed, but only changed from one form into another or transferred from one object to another. Slovenské elektrárne (SE) utilises this law…

29. Jun 2015, at 5:43

Slovak oil deposits are drying up

WHILE oil drilling has never been a big industry in Slovakia, multiple tons of crude oil have been extracted each year in Slovakia for the last century.

Compiled by Spectator staff, 29. Jun 2015, at 5:30

Dangerous medications in cyberspace

Slovakia joins Interpol’s Pangea operation against illicit medicines.

Compiled by Spectator staff, 26. Jun 2015, at 8:20

Kofola expands further

SOFT drink producer Kofola has acquired a 40-percent stake in rival company Water Holding, boosting its position on the mineral water and cola market, Hospodárske Noviny daily reported on June 25.

Compiled by Spectator staff, 25. Jun 2015, at 23:26
High Representative of the European Union Klaus-Dieter Borchardt (r) together with Slovak Prime Minister Robert Fico (l) and Ukrainian Prime Minister Arseniy Yatsenyuk ceremonially turned on the valve of the Vojany-Uzhgorod pipeline in September 2014.

Ukraine complains to EU over Eustream

SLOVAKIA enabled a so-called small reverse flow of natural gas east to Ukraine last September, but more recently Ukraine has turned to the European Union with a complaint that Slovakia refuses to use the spare…

Jana Liptáková, 25. Jun 2015, at 14:25
Illustrative stock photo

Slovakia lags in longevity and quality of life, health care

SLOVAKIA lags behind developed countries in longevity and quality of life while also facing the rapidly growing deficit in health care, a report by the Institute for Economic and Social Reforms (INEKO) concludes.  

25. Jun 2015, at 14:13
L-R: Ružomberok Mayor Igor Čombor, PM Robert Fico and Milan Fiľo of SCP Mondi.

Fico: Ružomberok paper producer to see big investments

PAPER producer Mondi SCP in Ružomberok is set to receive two significant investments, according to Prime Minister Robert Fico.

Compiled by Spectator staff, 24. Jun 2015, at 23:10

New legislation rushes to give more incentives to big investors

“WE ARE in the final round; we have a chance to get this investment,” newly appointed Economy Minister Vazil Hudák said when introducing draft revision to the law governing state aid for big investors amid rumors a…

Jana Liptáková, 24. Jun 2015, at 14:40

Penta to merge two major publishing houses

TWO OF the oldest and the biggest publishing houses in Slovakia, Trend Holding and 7 Plus, will merge as of August 1. 

Compiled by Spectator staff, 24. Jun 2015, at 12:42

Health-care sector threatened by rising deficit

SLOVAKIA may face the threat of steeply increasing deficit in the health-care sector, according to the analysis published by the INEKO think tank.

Compiled by Spectator staff, 23. Jun 2015, at 22:33
The bypass should improve the road infrastructure of the capital.

Four make it into round two of Bratislava bypass tender

FOUR European consortia out of nine original bidders have made it into the second round of the public tender for constructing a motorway bypass around Bratislava.

Compiled by Spectator staff, 22. Jun 2015, at 22:18

Jobless rate continues to fall

THE UNEMPLOYMENT rate in Slovakia continued to decrease in May thanks to the growing Slovak economy generating new jobs with projections remaining positive.

Compiled by Spectator staff, 22. Jun 2015, at 22:16
PSA head of unions, Milan Minarech

Workers at PSA Peugeot Citroen in Trnava seek salary hike

AROUND 400 employees of carmaker PSA Peugeot Citroen Slovakia took part in a June 19 protest calling on the company to increase salaries.

Compiled by Spectator staff, 22. Jun 2015, at 13:35
Graduates from vocational schools are needed.

Slovakia remains attractive to Austrians

Companies praise the adoption of dual education scheme, point to potential in tourism.

Radka Minarechová, 22. Jun 2015, at 5:30
Igor Rattaj

Slovak investor eyes Kitzbühl resort

SLOVAK financier Igor Rattaj wants, after Slovak, Czech and Polish mountains, to conquer Austrian ski resorts as well, the iDnes website informed.

Compiled by Spectator staff, 19. Jun 2015, at 6:30

Eustream: Launching of Slovak-Hungary Interconnector threatened

THE LAUNCH of commercial operation of Slovakia-Hungary Interconnector scheduled for July 1 is threatened due to failure to meet the conditions of the contract on the part of the Hungarian partner Magyar Gaz Tranzit…

Compiled by Spectator staff, 18. Jun 2015, at 23:02
UPDATED: 25. Jun 2015, at 18:38

Some 100,000 people pulled savings out of private pension pillar

SOME 100,000 people have pulled their money out of the second, private pillar of the old-age pension scheme using a temporary three-month gap to transfer savings into the public pay-as-you-go pillar.

Jana Liptáková, 18. Jun 2015, at 15:46
Vazil Hudák

Government expands definition of “investments of significance”

THE government on June 17 approved an Economy Ministry-sponsored bill expanding the legal definition of “investment of significance” and recommended parliament to pass the bill via fast-tracked proceedings. 

Compiled by Spectator staff, 18. Jun 2015, at 13:19

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