Government rejects incentives for KIA suppliers

FOREIGN suppliers to South-Korean carmaker Hyundai/KIA, which is constructing a production plant near Žilina, will not receive state assistance, the government announced yesterday.

Economy Minister Jirko Malchárek said that according to new rules on state stimuli, it is not possible to provide state aid, the SITA news agency reported. Nine mainly Korean investors are asking for a total Sk663.6 million (€17.7 million) in aid.

According to Malchárek, former Economy Minister Pavol Rusko promised the money to these companies without the cabinet's prior approval. Malchárek thinks that the former minister overstepped his powers and will thus file a criminal complaint against him with the Office to Fight Corruption.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

The mass testing in Nitra.

News digest: Results from weekend nationwide testing still not out

The parliamentary committee recommends one candidate for new police chief. NASA picks a picture by Slovak photographer as its Astronomy Picture of the Day.

8 h
Gábor Grendel (OĽaNO), Juraj Šeliga (Za Ľudí), and SaS MPs Marian Viskupič and Jana Bittó Cigániková.

Matovič government takes after Smer in lawmaking

The second-largest testing scheme of the whole population is underway in Slovakia. Government says they ordered enough vaccines. Layoffs of transnationals in Bratislava.

13 h
PM Igor Matovič (front) and Economy Minister Richard Sulík (back)

Hlas is gaining strength, along with Sulík’s SaS

At the same time, most people think PM Matovič is not managing the coronavirus crisis well.

15 h
US President Joe Biden

Biden really is waking up each morning with the goal of making things better

The new president is old and imperfect, but it's difficult to question his motives.

24. jan