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ECONOMIC BRIEFS

No more losses in electrical sector

After several years of recession, the electronic and electrical engineering sector broke even in 1996, according to the president of the Electrical Engineering Industry Union, [NEED FIRST NAME] Orlický. Industrial output increased 19.3 percent last year, Orlický said, marking 13 percentage points over the average growth in the country's entire industrial sector. Labor productivity went up 18.6 percent, exceeding the 14 percent growth in wages. More than half of the electronic and electrical engineering industry's production is exported.

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President Andrej Kiska, illustrative stock photo