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CORPORATE NEWS

Matador to supply Indian tire producer

Matador Inc., Púchov, the biggest Slovak tire producer, signed a contract to supply comprehensive tire production know-how for the newly built tire plant Palazhy Tyres in the Indian province of Kerala. In addition to technology and services worth $5 million (160 million Sk), the two parties concluded a preliminary $18 million (590 million Sk) agreement on supply of rubber and tire manufacturing machinery made by Matador Machinery (Matador's subsidiary) and Konštrukta Industry Inc.

Top stories

Robert Fico has lost the electoral magic he once had Plus

But his party can still bounce back if they do the things that make parties resilient.

Robert Fico claims that Smer won the regional elections because it is the party with the most chairs in regional councils.

New legislation protects creditors from unfair mergers

Fraudulent mergers were a legal business model enabling unfair businesses to get rid of debts

Tightening conditions when merging companies will increase the red tape of lawful mergers and prolong this procedure.

Fifty Shades of Grey: Slovakia's Olympic outfits will not stray from tradition

The official outfit for Slovak athletes at the Pyongyang Olympic Games has been presented; the Slovak Olympic Committee (SOV) is not satisfied.

Olympic outfit of Slovak athletes

Blog: How long until a robot takes your job?

Are robots really taking over? What are the benefits and what are the risks?

Illustrative stock photo