Economics, page 2

News on Slovakia's economy and employment

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Utilities authority proposes helping electricity intensive companies

The change should compensate companies for high electricity prices.

Nima Motazed, managing director and head of Swiss Re Slovakia

Pandemics are uninsurable, climate change is the real challenge

In 2020, global insured losses from natural catastrophes amounted to $81 billion.

One of the new models added to the Voltia e-van fleet.

Slovak e-mobility specialist expands its e-van portfolio

Voltia is partnering with Stellantis to expand its e-vans and adapt them for urban delivery.

2020 was a roller coaster ride

Delivery services had to adapt to both increases and decreases in demand.

Most Slovaks, up to a third, go to work in Germany, mainly in construction, industry and agriculture, with services in fourth place.

Wood, steel, and cement ever more expensive. Pandemic hikes construction bills

Post-pandemic recovery plans will create additional pressure on the price increase of building material.

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Higher prices of building materials impacted the June inflation

The inflation rate has been the highest since February 2020.

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Economy predicted to fare better, but vaccination more important

The central bank warns of the low vaccination rate may in the end negatively impact GDP.

Prologis Park Bratislava

Once an ugly duckling, pandemic turns logistics real estate sector into desirable investment opportunity

The sector will continue to be driven by e-commerce, the automotive sector and the global trend of sustainability.

The change in the arrangement of home office is overestimated, said some lawyers

Home office regulation is a wasted opportunity

Lawyers most often answered queries about state aid, sensitive data or repatriantion of posted employees.

Most Slovaks, up to a third, go to work in Germany, mainly in construction, industry and agriculture, with services in fourth place.

Bratislava property prices soar amid pandemic

Apartment construction lagging demand as more people move to capital.

Marián Hlavačka

Bratislava’s growth cannot be stopped, but it can be regulated

Sustainable construction means different things to different cities.

Fairtrade flowers hit the Slovak market

The average Slovak drank seven cups of fairtrade coffee last year

Fairtrade products are on the rise in Slovakia. Cocoa was the most popular among them.

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Pandemic has made Slovakia more attractive for investors, a survey shows

Investors perceive the government’s reform policy as a positive signal for the country.

Martin Neštepný

Open space is no longer the “chicken farm” it used to be

Smart solutions should be aimed at increasing the comfort of people working in offices.

Steel pipes for the North Stream 2 pipeline are uploaded in Mukran harbour in Sassnitz, Germany.

Slovakia expects the Nord Stream 2 to not affect the usage of existing infrastructure

Alexei Miller of Gazprom assured that cooperation with Slovakia will continue at the set level.

MPs okayed record-high budget deficit. Critics expect future tax hike

Total increase in expenditures not necessary, economists say.

Carmakers are well off, but the situation may change given the lack of chips.

Economy takes new breath as second Covid wave recedes in Slovakia

But observers warn against shortage of chips in industry and looming third pandemic wave.

Marián Boček, CEO of InoBat Auto, during the official launch of reconstruction works of the new facility.

Slovak car batteries to be produced in Voderady. First are expected within one year

EV battery developer and producer InoBat Auto has launched reconstruction of a former logistics and production hall into an EV battery R&D centre and pilot line.

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Slovakia's economy expected to grow mildly

The outlook is negative due to the partial closure of export capacities and positive due to the start-up of services, according to the Council for Budget Responsibility.

Finance Minister Igor Matovič (OĽaNO) after parliament passed amended state budget.

The government will spend more than originally planned

Parliament passes amendment to the state budget.

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