Business

Jozef Mihál

Ex-Labour Minister critical of current policy

LABOUR, Social Affairs and the Family Minister Ján Richter should step in against the postponement of the deadline for paying deductions to  state social insurer Sociálna poistovňa to the self-employed, former…

Compiled by Spectator staff, 31. Jul 2015, at 0:36
The first historical Peugeot 207 produced in Trnava

PSA Peugeot Citroen boosts output more than 10 percent in 1H15

THE TRNAVA-based branch of the carmaker PSA Peugeot Citroen Slovakia increased its production of vehicles in the first half of 2015 by 10.5 percent on the year, manufacturing a total of 165,227 cars over the first…

Compiled by Spectator staff, 30. Jul 2015, at 13:11
Finance Minister Peter Kažimír

Draft budget curtails deficit below 2 percent

THE BUDGET deficit should continue decreasing in following three years, according to the first public administration budget draft introduced by the Finance Ministry on July 23.

Radka Minarechová, 30. Jul 2015, at 12:36
Illustrative stock photo

Household gas prices to shrink 3.91 percent in September

GAS prices for households are set to drop by 3.91 percent as of September, with the average price of gas supplied to small businesses also set to post a fall by 3.7 percent.

Compiled by Spectator staff, 30. Jul 2015, at 6:51

Economic sentiment slightly down in July

THE MOOD of enterprises continues to deteriorate.

Compiled by Spectator staff, 29. Jul 2015, at 13:08

Underdeveloped regions will receive aid

THE GOVERNMENT plans to implement tailor-made action plans in order to foster the development of selected districts and create jobs as part of its second package of social measures.

Compiled by Spectator staff, 29. Jul 2015, at 13:04

Kia Motors Slovakia plant makes 3 millionth engine

KIA has made its 3 millionth engine  at its plant in Teplička nad Váhom, near Žilina, a 1.6-litre T-GDI petrol motor.

Compiled by Spectator staff, 29. Jul 2015, at 6:29

Slovnaft to take over the Agip petrol stations

THE AGIP petrol stations will become part of the Slovnaft company as of July 31.

Compiled by Spectator staff, 29. Jul 2015, at 6:27

Doprastav rids itself of debts, thanks to courts

CONSTRUCTION company Doprastav has become the turnaround of the year after it reported a profit of €33.7 million last year, the most in the sector. 

Compiled by Spectator staff, 28. Jul 2015, at 13:30
Jaguar symbol

Land Rover may go to Poland, British media report

THE JAGUAR Land Rover carmaker is reportedly closing in on Poland as the site for its new factory in eastern Europe. 

Compiled by Spectator staff, 28. Jul 2015, at 13:16
Michal Korec, spokesman Slovak Telekom
ADVERTORIAL

In pursuit of innovation and leadership

Slovak Telekom (ST) has been on the Slovak telecommunications market for decades, witnessing the peak usage of fixed lines as well as the arrival and spread of mobile phones. As a member of the Deutsche Telekom (DT)…

28. Jul 2015, at 10:51
The automotive industry links Slovakia and Spain.

Carmakers paid €148 million in income tax

Slovakia has received €148 million in income tax from the carmakers active in the country in 2014, up compared to the previous year.

Compiled by Spectator staff, 28. Jul 2015, at 7:49

Milk producers call for support

THE RUSSIAN food embargo, scrapping of EU milk quotas as of April and low demand for milk in China have resulted in an excess of milk on the Slovak market and dropping prices for which farmers sell milk they produce…

Compiled by Spectator staff, 28. Jul 2015, at 7:37
Workers get vouchers to buy lunches.

Meal vouchers at the centre of a dispute

A POPULAR employment benefit, meal vouchers, has become a source of contention in parliament with at least one opposition party calling the scheme economic nonsense.

Peter Adamovsky, 28. Jul 2015, at 6:30
PM Robert Fico and Finance Minister Peter Kažimír

Finance Ministry announced public administration budget proposal for next three years

BOTH budget revenues and expenditures are projected to drop next year, according to the Finance Ministry’s outline of the public administration budget for the next three years unveiled on July 23.

Compiled by Spectator staff, 27. Jul 2015, at 13:30

Hikers must pay big money to climb Gerlach

GROUPS of three hikers need to pay a total of around €200 to get to the top of Slovakia’s highest mountain, Gerlach, in the High Tatra mountains because they are not allowed to do this without a mountain guide, the…

Compiled by Spectator staff, 23. Jul 2015, at 23:31
Prime Minister Robert Fico

Fico: No debt relief for Greece

PRIME Minister Robert Fico is reiterating that Slovakia would not agree with any debt relief for Greece, even as the International Monetary Fund has opined that Greek debt remains unsustainable.

Jana Liptáková, 23. Jul 2015, at 17:01
Illustrative stock photo

Just 27 percent of Slovaks happy with their salary

MORE than two-thirds of Slovaks believe that their salary is too low, while only 27 percent of Slovaks are satisfied with their pay, according to a recent survey by the STEM/MARK agency for HomeCredit released on…

Compiled by Spectator staff, 23. Jul 2015, at 14:29
NBS central bank

NBS: Lower GDP growth still spurs new employment

DESPITE the much lower pace of GDP growth compared to the times before the crisis, employment is growing, analysts with Slovakia’s central bank, the NBS, wrote in their latest commentary published on July 22.

Compiled by Spectator staff, 23. Jul 2015, at 6:41
PM Robert Fico met with Enel's CEO Francesco Starace also in April.

Enel moving forward on sale of SE shares

ENEL CEO Francesco Starace says that his company will sign a memorandum of understanding on the sale of shares in the in Slovakia's largest power producer, Slovenské Elektrárne (SE).

Jana Liptáková, 22. Jul 2015, at 15:12

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