Spectator on facebook

Spectator on facebook

BUSINESS SHORT

Midyear FDI in Slovakia at Sk55.5 billion

IN THE FIRST half of 2006, foreign direct investment (FDI) in Slovakia reached Sk55.5 billion, Sk17.5 billion of which was reinvested profits.

A Finance Ministry report suggests that this year's FDI has been better than in 2005 despite the fact that this was an election year that resulted in the return of a left-leaning government containing controversial politicians.

The FDI influx was associated primarily with the launch of production by large automakers in Slovakia as well as with the entry of foreign investors to other branches such as the electronics, electrical engineering, metal processing and wood and paper industries.

The ministry expects a stable influx of green-field FDI in the years to come, and says the volume of FDI will also be influenced by the successful expansion of production as planned by Slovakia's long-term investors.

Top stories

Bratislava will be for free again Photo

People can attend a rich programme of Bratislava City Days during the weekend 22-23 April.

This is not a game, and these are not children

If politicians care about the future of the country, they need to offer young protesters with specific demands more than the just same old vague assurances.

Nu Dance festival changes date and the finale coincides with International Dance Day

The festival of contemporary dance has not just moved in time but also from the stage to the streets, encouraging public participation.

Renan Martins: Let Me Die in My Footsteps

(W)Rapping up two worlds in one music

The Fjúžn festival annually presents interesting musical projects from people who cross borders, literally or symbolically. This year, the headliner of the main festival concert on April 22 will be the French-Iraqi…

The Iraqi-French band Aiwa