Spectator on facebook

Spectator on facebook

IT investments exceeded $1 billion in 2006

AN ANALYSIS carried out by IDC, an international IT market research company, reports that investments in information technologies (IT) exceeded $1 billion in Slovakia in 2006, an 11 percent increase from the $980 million recorded in 2005.

The survey showed that high economic growth in Slovakia in 2006 along with privatization sales and foreign direct investments boosted spending on both basic and advanced IT products and equipment.

"IT services took the top spot on Slovakia's IT market, and are currently producing higher revenues than servers, data storage systems, and computers put together," said IDC analyst Arun Chandramohan.

On a sectoral basis, the survey revealed that the biggest IT investments in 2006 were made by the communications sector, followed by the government and banks.

Top stories

Pellegrini’s cabinet bets on a non-partisan interior minister

Nine ministers remain unchanged, the interior to be led by “a man from Drucker’s team”. Here are the names Pellegrini wants in his cabinet.

Jozef Ráž is proposed to become the new interior minister.

Politics is not filth, it concerns all of us

Who falls asleep in democracy, wakes up in totalitarianism.

Bratislava For a Decent Slovakia protest March 16, 2018.

Kuciak Sr: I do not believe justice will be served

The parents of Ján Kuciak and Martina Kušnírová are sceptical as to whether the investigation of their children's murder will return results and justice will be served.

Ex-minister, ex-MP and lawyer Daniel Lipšic.

Italian companies in Slovakia drew EU-funds worth €68m

After the Agriculture Ministry lifted its embargo, it turned out that the companies of Italians suspected of ties with ’Ndrangheta received subsidies worth millions of euros, through the Agricultural Paying Agency.

Farming seems to be quite a profitable business, illustrative stock photo.