Siemens group in Slovakia sees Sk33 billion turnover

SIEMENS, which is represented in Slovakia by 13 companies, saw a turnover of Sk33 billion in the last business year of 2005/2006. Director of Siemens in Slovakia, Peter Kollárik, said that this represents a year-on-year increase of 18.7 percent. The business year of 2005/2006 lasted from October 1, 2005, to September 30, 2006.

Kollárik said that all Siemens companies in Slovakia recorded profits while the average profitability rate was about 6-7 percent of the turnover.

Exports of Siemens companies from Slovakia totalled Sk12.15 billion during the given period. Cumulative investments of Siemens in Slovakia climbed to Sk13.7 billion.

Get daily Slovak news directly to your inbox

Top stories

Former state secretary Jankovská has reportedly confessed

Coalition politicians have welcomed the news.

Monika Jankovská

Pass a Slovak language dictation so you can work with foreigners

The draft migration policy proposal is out. Where does a foreigner find the official, certified list of cultural realities and traditions they are supposed to respect?

Some problems with the Foreigners’ Police continue.

News digest: Former state secretary describes the corruption at courts

Schools will definitely not open on Monday. Coronavirus vaccine could be available starting in mid-December. Slovakia joins campaign to fight violence against women.

The Presidential Palace lit in orange, to support the Orange the world! campaign.