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BUSINESS BRIEFS

EC: Tight financial controls needed

The European Commission has said that 18.6 million euros in funding from the EU's Sapard fund will not be released until a system of financial control similar to those existing in EU countries is established.

The EC has expressed concern over the use of pre-accession funds since an April scandal over the alleged misuse of Phare funds by a senior civil servant. The affair forced the resignation of Pavol Hamžík as Deputy Prime Minister.

Top stories

Wooden toothbrushes prompt small-scale industrial revival in Bratislava Photo

To begin with, young enthusiast Roman Kovács just wanted to change his local environment for the better, and to help people.

Roman Kovács wants to renew production of wooden toothbrushes in Bratislava.

Blog: HR Marketing: Not everybody can be Google!

It is important to know who your target audience is and the position you aspire to achieve as an employer on the market.

Illustrative stock photo

The idea of Slovakia

What does this country stand for? Slovaks could – and should – shout a little louder about what they have achieved, and where they want to go.

D1 highway, illutsrative stock photo

Amazon chose Slovakia for its top returns centre Photo

The online retainer lures its future workers by wages and benefits.