Spectator on facebook

Spectator on facebook

ECONOMIC BRIEFS

Study shows decreased output with companies

A study carried out by the Slovak Statistical Office (ŠÚSR) revealed that 48 percent of Slovak companies registered decreased output in July compared to June, while 33 percent had higher output during the same period and 19 percent remained about the same.

Companies reported that the major obstacles to increased production are a lack of funds, low demand on domestic and international markets, competition from abroad and insecure economic conditions.

Employment reflected the trend in decreased output. The number of employees dropped in 24 percent of companies in July compared to June, while 13 percent of companies said their employment figures rose.

This downturn may be temporary, though. For the August-October period, 51 percent of companies predict increased production, while only 7 percent said output would decrease, the ŠÚSR's study said.

Top stories

Preparation of young journalists lags

Editors and students complain about the lack of practical training at journalism schools and missing links with the realities of the media market.

International students travel to attend world leading universities. So they did in the past.

Raslavice village creates jobs; constructs wellness centre

By using eurofunds and state aid new Mayor of Raslavice Marek Rakoš thus created some 80 jobs in two years.

Fico: We are ready to discuss the 13th salary

The prime minister also presented reasons why Slovakia should be in the EU core.

PM Robert Fico

Meucci: Italy is not going through a catastrophe

Gabriele Meucci has been serving as the Italian Ambassador to Slovakia since January this year. He says that Slovakia is a haven for Italian investors but recently also for Italians coming here to work.

Italian Ambassador to Slovakia Gabriele Meucci