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CORPORATE BRIEFS

Skoda keeps leading position in total car sales

In January, 3,587 new cars were sold in Slovakia. Of this number, commercial vehicles accounted for 309 units, down 57% from December 1998. Passenger car sales totaled 3,278 units, which was also a drop of 48.5% from December, the Automotive Industry Association revealed on February 16.

During the monitored period, Škoda sold a 1,573 units, giving the Czech carmaker a commanding 44% share of the market. Škoda was followed by Daewoo (555 units and 16%) and Volkswagen (353 units and 10%).

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