Bid to bring ACER to Slovakia fails

THE AMBITION of the Slovak government to bring the headquarters of the new European energy regulation coordination office to Bratislava failed. A vote by EU member states decided that the Agency for Cooperation of Energy Regulators (ACER) will be based in the Slovenian capital, Ljubljana, the SITA newswire reported.

14. dec 2009
14. dec 2009

Cabinet agrees on new NBS governor

THE CABINET has agreed to the Finance Ministry’s proposal to nominate Jozef Makúch for the post of governor of the National Bank of Slovakia (NBS), the central bank of the Slovak Republic, the SITA newswire reported.

14. dec 2009
The assembly line at Kia Motors Slovakia, near Žilina.

Korean firms view Slovakia positively

IT TOOK only a few years for investors and business executives from South Korea to make their country and their companies more visible in Slovakia. The number of Korean firms operating in Slovakia now exceeds 70. About 20 of those companies are related to automotive production; about 25 companies operate in the electronics industry; and most of the others are also in industrial sectors. The most well-known firms are Kia Motors near Žilina, Samsung Electronics Slovakia in Galanta, Mobis Slovakia and Hysco Slovakia.

14. dec 2009

Slovaks trust in the euro, poll finds

CITIZENS of Slovakia have a high level of trust in the single European currency. The country ranked third among eurozone countries in a comparison of peoples’ trust in the currency that Slovakia adopted on January 1, 2009.

14. dec 2009

Treatment policy debated

THE ECONOMIC downturn has not left Slovakia’s health sector unaffected. The economic crisis has meant more jobless people, less in premiums paid to health insurance companies and less money available for health care in general. This creates pressure to find measures to make the system work more effectively and efficiently as well as to reduce spending. But specialists warn that saving funds in inappropriate ways may lead to increased costs in the future.

14. dec 2009
Delicacies await visitors at the first Korean Food Festival.

Asian Tiger charms with food and arts

ART and food are universal languages that can be understood without the need for interpreters or dictionaries, however distant their countries of origin might be. This is an opinion clearly held by the diplomatic representatives of the Republic of Korea in Bratislava, who have regularly organised programmes focused on both these two areas. It seems their efforts have borne fruit.

14. dec 2009

Another air carrier may lose its licence

SLOVAK airline company Seagle Air will most likely lose its licence, private television channel Markíza reported on its evening newscast on December 7. The airline announced in October that it was having financial trouble, the TASR newswire wrote.

14. dec 2009
Sony has suspended its expansion plans in Slovakia because of the economic crisis.

Crisis delays Japanese plans

THE GLOBAL economic crisis has had a chilling effect on Japanese companies’ plans to invest in Slovakia. Nevertheless, Slovakia still views Japan as a potential source of foreign investment and is continuing to present itself as an attractive investment destination.

14. dec 2009

Slovakia’s Boss Tweeds

“AS LONG as I count the votes, what are you going to do about it?,” is believed to be one of the “memorable” quotes by Boss Tweed, an infamous 19th century New York politician who embezzled about $100 million from the city coffers and since then has become a textbook example of political corruption.

14. dec 2009
14. dec 2009

South Korean institutions in Slovakia

Embassy of the Republic of Korea

14. dec 2009

South Korea: General facts

Political system: Presidential republic

14. dec 2009

Trenčín University sacks its rector

THE ACADEMIC senate of the University of Alexander Dubček in Trenčín (TnUAD) approved a proposal to recall Rector Miroslav Mečár on December 7. Dušan Holý, who was elected at that meeting to preside over the academic senate, said that 14 of 17 senate members present supported Mečár’s dismissal from his post, the SITA newswire wrote.

14. dec 2009
14. dec 2009
Ambassador Glyn Davies

UN asks states to curb corruption

INTERNATIONAL Anti-Corruption Day came and went on December 9 but its marking did not seem to prompt Slovak public officials to use the opportunity to raise domestic awareness of this global plague which UN Secretary General Ban Ki-moon has said “weakens democratic institutions, undermines the rule of law and enables terrorists to finance their nefarious work”.

14. dec 2009
From left to right: Ambassadors Ralph R. Johnson, Branislav Lichardus and Rodolphe M. Vallee; Miroslav Lajčák; Ambassadors Peter Burian, Vincent Obsitnik and Theodore E. Russell.

Fall of the wall changed ties with the world

THE VELVET Revolution was a turning point in the relations of Czechoslovakia, and later its successor countries, with the rest of the world. The 20 years since the fall of communism, for most of which Slovakia and the Czech Republic have acted as two independent states, have been filled with successes – but also darker periods, when Slovakia faced international isolation.

14. dec 2009

Countrywide Events

Western SLOVAKIA

14. dec 2009

Parliament backs nationalists' 'Patriot Bill'

THE SLOVAK Parliament advanced a Patriotism Bill drafted by the Slovak National Party (SNS) to its second reading on December 9, with 78 of the 130 deputies present voting in favour of it, the SITA newswire reported.

14. dec 2009
Yoshio Nomoto, the Japanese Ambassador to Slovakia

Japanese work well with ‘friendly Slovaks’

THE JAPANESE are generally cautious when it comes to investments, carefully considering all aspects of a decision. However, once a Japanese firm commits to a decision, or to a country, then what they offer is long-term involvement, said Yoshio Nomoto, the Japanese Ambassador to Slovakia in an interview with The Slovak Spectator. He also noted that 2009 has been a challenging year for both Japan and Slovakia.

14. dec 2009
SkryťClose ad