List of author's articles
Highly-skilled workers looking for better job opportunities abroad have always been very attracted to the US labour market which has offered a more welcoming environment and transparent legal conditions for…
Brain drain used to be a real headache for businesses and academia in Slovakia. Over the past two decades the Slovak economy witnessed some of its smartest young people taking up jobs abroad after graduating from…
Slovaks should not expect much higher salaries in the coming months. Because the country’s economy has entered a crisis mode, employers will be more reluctant to increase wages. Even the trade unions agreed during…
PREPARATIONS for the euro and the global financial crisis had the most significant influence on Slovakia’s economy this year.
PRIVATE equity firms in Slovakia rate 2008 as a year which some players might have a hard time recovering from. In the course of the year, the market was hit by the financial crisis. As a result, the market might…
THE HISTORY of Korean investment in Slovakia dates back to 2002, when one of its main players in the electro-technical industry set up production here. The second milestone occurred in 2004, when a South Korean…
SLOVAKS are slowly getting used to investment funds. The majority of retail investment funds, such as mutual funds and pension funds, have gained a foothold on the Slovak financial market. But investment funds…
WESTERN Slovakia has almost always been the most developed part of the country. Its has advanced infrastructure, connections to international corridors and a relatively low unemployment rate. It is home to many…
THE AUTOMOTIVE industry, which is one of the key industries in the country, initiated the record growth of the Slovak economy over the last several years. But the automotive industry is very sensitive to the…
DRIVERS wishing to change their provider of compulsory third party liability insurance for 2009 were required to do so by mid-November, as the market is undergoing several changes next year.
THE NUMBER of newly registered cars in Slovakia continues to grow. This is in contrast to the news from western markets, which are recording falling car sales because of the financial crisis.
Consultants say that this represents an end to the era of speculative projects during which people felt that anything that was put up could be sold. Instead, developers will come under pressure to be more selective…
IN MAY this year, shop assistants at two computer retailers in Štúrovo, southern Slovakia, offered to install pirated software on a PC that a customer had inquired about buying. The assistants told the customer they…
THE NATIONAL Concept of IT Introduction in Public Administration, which was adopted in May, is the latest document in which the Slovak government specifies a plan for providing e-government services at state offices…
ONLINE advertising is the fastest growing segment in the Slovak market, as in much of the rest of the world, and this growth is occurring at the expense of the print media, analysts say.
THE GOVERNMENT approved its Strategy on Energy Security on October 15, about a year after it was first made public. It is a long-term plan for how to secure reliable supplies of all types of energy resources.
THE USE of biomass fuel is increasing in Slovakia, but its supporters contend that the legislation on supporting renewable energy resources is inadequate and unstable, which impedes large investment projects. This…
SUCH IS THE potential of Slovakia’s geothermal resources that the country could rank among the leaders in Europe - like Italy, Iceland, France and Germany - by using it as a source of energy.So far, geothermal water…
BUSINESSES are conducting their bookkeeping for 2008 in Slovak crowns, even though they are going to pay their taxes for this year in euros. Auditing firms don’t expect euro adoption to cause major problems in…
THE PRICES at which a parent company and its subsidiaries sell or move – i.e. transfer –assets, services, and funds between each other is increasingly attracting the attention of tax authorities, especially in the…
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