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BUSINESS BYTES

Slovak railways will be upgraded by 2010

The international railway corridors' upgrade project in Slovakia calls for 73.2 billion Sk in investment by the year 2010. In the initial phase of the project, a 232-km track connecting Bratislava-Žilina-Čadca (near the Czech Republic and Poland) will be modernized at a cost of 20.5 billion Sk. Most of the funds will come from bank loans. After completion of the first stage, the speed along this section will increase to 160 km/hour, and transportation security and labor productivity will increase. Passenger output will increase from 1,109 passenger-units per km in 1995 to 1,285 by 2010, freight unit output will rise from 2,113 tons-km to 2,772.

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Jourová: Fico not fully informed on all EC’s activities on double standards

European Commission President Jean-Claude Juncker will meet with Fico to discuss double quality standards of foods on July 27 in Brussels.

European Commissioner for Justice, Consumers and Gender Equality Věra Jourová

Heatwaves to continue in Slovakia over the following days

More than 40 people collapsed due to hot weather on Thursday.

Foreigners: Events in Bratislava Video

Tips for performances and other events in the capital between July 21 and July 30, including concerts, parties, festivals, classical music, inline skating, exhibitions and more.

Analysis: Slovakia lacks competitive tourism

Neither Slovakia nor the Czech Republic are countries in which tourism could be viewed as the bedrock of their economies, an analysis by UniCredit Bank finds.

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