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BUSINESS BYTES

Volkswagen fourth among exporters

Volkswagen Bratislava (VW) Ltd., ranked fourth among the biggest Slovak exporters last year. The company made a pre-tax profit of 328.4 million Sk last year. Exports increased by 350 percent over 1994, from 3.7 billion Sk to 13.3 billion Sk. This year the company plans to produce goods worth 18 billion Sk. Of its total output, 96 percent will be exported. Investments worth 1 billion Sk will be spent on infrastructure, measuring devices, and quality control. Recently VW Bratislava opened a press room, and the products are supplied to Germany and to Škoda VW in the Czech Republic. The company has a design for a new waxing line. VW Bratislava is also interested in the utilization of new materials, mainly magnesium and aluminum, for the car industry, and for this purpose has built a company to extract magnesium from the Dead Sea in Israel. Also their cooperation with ZSNP (an aluminum producer) Inc., in éiar nad Hronom is being considered.

Top stories

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.

Kotleba should be defeated in election, not banned

More constitutional can be less democratic, and it is not clear that it always has the intended result. Perhaps the clearest historical case came with the rise of the Nazis in Germany.

Marian Kotleba

Slovakia to leave NATO is a hoax

The Slovak Spectator brings you a selection of hoaxes that appeared over the past week.

Some peple gathered at Slavin in Bratislava brought ani-NATO banners.

Fico: We cannot allow multi-speed EU to become divisive Video

Final session of the 12th edition of Globsec 2017 featured Slovak PM Robert Fico, Czech PM Bohuslav Sobotka, and President of the European Council, Donald Tusk, in a panel entitled European (Dis)Union?

Donald Tusk, Robert Fico, and Bohuslav Sobotka (left to right)