Discussing investment potential.

Making the east attractive

DESPITE taking the lion’s share of foreign direct investment (FDI) to date, the western part of the country is not Slovakia’s only investment destination. Several investors now see potential in the east of the country, as demonstrated by recent significant moves by some of them to establish production plants there. Conferences represent one way to learn more about the region. The latest of these was Košice – Prešov Invest 2012, the latest edition of an annual event organised by the American Chamber of Commerce in Slovakia (AmCham) under the auspices of Economy Minister Tomáš Malatinský, which this year took place on December 4.

17. dec 2012
Graduate joblessness is a problem in Slovakia

No significant changes in ARRA ranking

THE INCREASING joblessness of university graduates and the ongoing problem of the so-called PhD paradox are among the main findings of the annual ranking of Slovak higher education faculties prepared by the Academic Ranking and Rating Agency (ARRA), which this year covered 109 Slovak university and college faculties. The ARRA results generally confirmed the positions of the traditional leaders in the evaluated categories.

17. dec 2012
Courtesy of One World

One World, recorded on film

THE 13TH One World (Jeden svet) international documentary film festival took place on December 3-9. Organised by the civic association People in Peril (Človek v ohrození), it aims to bring to Slovakia documentaries confronting social, environmental and humanitarian issues. This year about 70 movies were presented in four venues in Bratislava; they will continue to be screened in 24 Slovak cities and towns as part of the One World in the Regions (Jeden svet v regiónoch) project.

17. dec 2012

A key for everyone

THIS MOUNTAIN chalet under Borišov peak in the Veľká Fatra mountain range was built between 1937 and 1942. Construction was carried out according to the plans of architect Eduard Jančárik, and it was built for the Club of Czechoslovak Tourists in Martin.

Branislav Chovan 17. dec 2012

Žilina doctors protest

DOCTORS in Žilina Hospital started filing resignations en masse concerning the emergency service at 14:00 on Thursday, December 6, in protest at the firing of their colleagues. The Health Ministry at one point considered evacuating patients, the Sme daily wrote on December 7.

17. dec 2012

Dowser 'discovers' old fort

APRIL: AMATEUR archaeologist Milan Pupala might have uncovered a long-lost hillside fortification in the village of Utekáč in east-central Slovakia and measured. He plotted out the walls of the fortification, which are partially visible from a nearby hill.

17. dec 2012

Minorities

Among the major changes in the government’s structure after the March election was the cancellation of the post of deputy prime minister for national minorities and human rights, a step for which Robert Fico earned harsh criticism from human rights and minority rights activists. Subsequently, for the first time, the post of government proxy for Roma communities was given to an opposition representative, Peter Pollák, who is also Slovakia’s first-ever ethnic Roma MP, and a member of Ordinary People and Independent Personalities (OĽaNO).

and 1 more 17. dec 2012

May: The top business stories of 2012

Parliament okays Fico’s programme. On May 15 parliament adopts the programme statement which the government of Prime Minister Robert Fico will pursue over the next four years. The programme is organised around 10 priorities, with the government stating that the top priority will be to ease the impacts of the European economic crisis and strengthen economic security for Slovak citizens, followed by the commitment to reduce the country’s public finance deficit to 3 percent of GDP or less in 2013, and to support economic growth and price stability. The government also aims to reduce the high level of unemployment among young people and seek solutions to deal with the large proportion of the population that has been unemployed for a year or more. The programme statement also speaks about improving the enforceability of the law in Slovakia and systematically eliminating corruption at all levels of society.

17. dec 2012

Senior court overturns Harabin win

IT IS now uncertain whether Supreme Court President Štefan Harabin will keep the compensation he received from the publisher of the Plus Jeden Deň daily as the result of a court case four years ago.

17. dec 2012

Quote of the week

“So many major changes would be indigestible for a horse, let alone a payroll clerk in a small company.”

17. dec 2012

Slovak medals

AUGUST: SLOVAK athletes won one silver and three bronze medals at the 2012 Olympic Games in London, failing to fully meet the hopes pinned on them. But despite Slovak canoeists’ failure to defend their gold medals from previous Olympics, Slovakia demonstrated its continuing strength in shooting and white-water disciplines.

17. dec 2012

Countrywide Events

Western SLOVAKIA

17. dec 2012

June: The top business stories of 2012

Tax freedom day in Slovakia falls on June 1. Tax freedom day, the first day in a given year on which people have earned enough to fund the state’s annual tax demands, falls on June 1 in 2012 in Slovakia, according to an analysis released by the Association of Slovak Taxpayers and the F. A. Hayek Foundation. Tax freedom day in 2011 fell on June 3.

17. dec 2012
Čentéš (right) is still waiting to be appointed.

Troubled prosecution

Jozef Čentéš, who was elected by parliament to be Slovakia’s next general prosecutor on June 7, 2011, has been waiting ever since for President Ivan Gašparovič to officially appoint him to the post. Gašparovič has received strong criticism from political ethics watchdogs as well as opposition parties for his reluctance to appoint Čentéš, who was elected in a ballot whose legitimacy has been confirmed by the Constitutional Court.

and 1 more 17. dec 2012

July: The top business stories of 2012

Building under construction in Bratislava collapses. A five-floor building under construction in Bratislava collapses without warning on July 1, but there are no injuries or deaths. The building was to house a wellness centre and parking for 3nity, a multifunctional development on Plynárenská Street that is still under construction, though one residential building is complete and occupied. The collapse of the structure leaves a crater filled with glass and other construction debris.

17. dec 2012
The court ruled in favour of the health insurer.

Slovakia owes Achmea millions, court rules

NOBODY will pay anything to anybody for now, was the first reaction of Prime Minister Robert Fico to Slovakia’s defeat in a long-running court case initiated by Achmea, the Dutch owner of Union, a health insurance firm, over controversial legislation which prevented privately-owned public health insurers from retaining profits or distributing them to shareholders. The law in question was passed by Fico’s 2006-10 government. The International Court of Arbitration ruled that Slovakia must now pay €22 million to Achmea for what it called a violation of the provisions of the investment treaty between Slovakia and the Netherlands.

17. dec 2012
A long way from Slovakia: Madagascar.

Square in Madagascar named after Slovak

JANUARY: THE TOWN of Antalaha on the north-eastern coast of Madagascar in the Indian Ocean has named a new public square after Móric Beňovský, the 18th century Slovak explorer who for a short time was a ruler of part of the island.

17. dec 2012

New target for highway completion

COMPANIES cite unfinished highway infrastructure as one of the main obstacles to doing business in Slovakia. This is especially the case in eastern Slovakia, which is eager to welcome the kinds of new investments and business opportunities that have traditionally been concentrated in the country’s western region. The remaining stretches of the D1 highway that have yet to be built in order to connect Bratislava with Slovakia’s second largest city, Košice, are gradually being filled in, but it will still take several more years before the country finally completes its major backbone highway.

17. dec 2012

NGO gets prestigious award

THE SLOVAK non-governmental organisation the Center for Civil and Human Rights has received a French annual award, Freedom, Equality, Fraternity (Liberté - Egalité – Fraternité), for its activities in the area of human rights protection. The Košice-based organisation is the first from the former communist countries of Europe to be awarded this prize, the SITA newswire reported on December 11.

17. dec 2012

Oldest mining college celebrated

OCTOBER: THE MINING Academy at Banská Štiav-nica, the first university of mining and one of the oldest technical universities in the world, marked its 250th anniversary. The celebrations culminated on October 12 when representatives of universities from Slovakia, Hungary, Austria and the Czech Republic, all considering themselves successors of the Mining Academy’s tradition, gathered in Banská Štiavnica, the SITA newswire reported. The launch of the Mining Academy ranks among the most important moments in the history of Banská Štiavnica, a town with a long history of mining of silver and other precious metals. Queen Maria Theresa established the school by decree in 1762. In 1919, after Hungary split, the school moved to the Hungarian town of Sopron. But to this day several universities in central Europe acknowledge its traditions. In 2001 six faculties of universities in Miškovec, Sopron, Košice, Zvolen, Ostrava and Leoben signed a declaration of continuation of the intellectual heritage of the academy. Five more faculties joined in 2009.

17. dec 2012
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