22. December 2014 at 00:00

October: The year in business

Construction giant in trouble. The Bratislava I District Court accepted the request to start the restructuring process in the construction company Váhostav. After Doprastav, it is the second big construction company in Slovakia in trouble.

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Construction giant in trouble. The Bratislava I District Court accepted the request to start the restructuring process in the construction company Váhostav. After Doprastav, it is the second big construction company in Slovakia in trouble.

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Minimum monthly wage raised by 7.95 percent. The minimum monthly wage in Slovakia will go up from €352 in 2014 to €380 (€2.184 per hour) in 2015, which represents an increase of €28 or 7.95 percent. By the more significant increase of the minimum wage the cabinet wants to secure a higher monthly income than the poverty threshold.

Slovak Telekom fined. The European Commission fined Slovak Telekom (ST) and its parent company Deutsche Telekom €38.84 million for the abuse of their dominant position on the market. Deutsche Telekom (DT) also received an additional fine of €31.07 million to prevent recidivism. Thus the total fine of ST and Deutsche Telekom stands at almost €70 million.

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Constitution will protect water. The parliament passed a constitutional ban on exporting water.
The income tax law revised. The parliament adopted an extensive revision to the income tax law bringing changes especially in depreciation.

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