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BUSINESS BRIEFS

Canadian Alcan starts building plant in Levice

CANADIAN investor Alcan Extruded Products started building a new plant through its subsidiary Alcan Slovensko Extrusions July 31, SME wrote.

The firm plans to invest $35 million (Sk1 billion) on the new plant that will produce aluminum casts and employ 150 to 200 people in the operation.

The new plant should start production in the first half of 2007.

Top stories

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo