Business

Kiska vetoes minimum pension bill

PRESIDENT Andrej Kiska on May 28 vetoed an amendment to the Social Insurance Act that introduces the minimum pension, citing what he called discrimination against savers in the capitalisation pillar of the pension…

28. May 2015, at 22:41

Slovaks earn less than Czechs, more than Poles

THE AVERAGE net monthly salary of an employed Slovak was €665 last year, according to the European Union's statistics office Eurostat and the calculations of Poštová banka analysts.

Compiled by Spectator staff, 28. May 2015, at 13:28
Bratislava Castle

Bratislava region sixth richest in the EU, beating Vienna and Prague

IN 2013, the region surrounding the Slovak capital was the sixth richest in the European Union, trailing only places like London, Luxembourg, Brussels or Hamburg. Even Prague – ending ninth – and Vienna (12th) were…

28. May 2015, at 0:01
Reviliak (L) and Žemla

Slovak firm CulCharge launches second crowd funding campaign

AFTER previous success with small charging cables, the Slovak company CulCharge has launched another crowd-funding campaign, this time to produce and sell a charger with own power source that works as a battery, the…

Compiled by Spectator staff, 27. May 2015, at 23:56
Illustrative stock photo

Stats Office: Consumer atmosphere in Slovakia improved in April

THE CONSUMER sentiment in Slovakia improved in April, rising by 1.3 points to a negative index figure of 7.3 points, the Slovak Statistics Office (ŠÚ) announced on May 26 based on a survey carried out on a sample of…

Compiled by Spectator staff, 27. May 2015, at 13:41
Marian Kollár

Doctors represented by chamber gave notices to Dôvera

MORE doctors have terminated their contracts with private health-insurance company Dôvera; the Slovak Chamber of Physicians (SLK), representing around 1,900 doctors, gave their notices for its members on May 26.

Compiled by Spectator staff, 27. May 2015, at 13:19

Tatry Mountain Resorts could buy two Austrian ski resorts

THE SLOVAKIA-based holding Tatry Mountain Resorts (TMR), which operates ski resorts and provides tourism services in Central Europe, appears to be interested in buying two ski resorts in the Austrian Alps,…

Compiled by Spectator staff, 27. May 2015, at 6:57
Váhostav-SK is heavily involved in highway construction in Slovakia.

Váhostav-SK safe for now

THE COURT has officially okayed the restructuring plan of construction company Váhostav-SK which means it will not go bankrupt, the TASR newswire reported on May 25.

Compiled by Spectator staff, 27. May 2015, at 6:50
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

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