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BUSINESS BYTES

Tesla managers vote for liquidation

The management at the electronics producer Tesla in Piešťany decided to put the company into liquidation on July 18. The proposal was submitted because Tesla's debts exceeded its assets, and it has been unable to meet its liabilities for some time. The day before the company decision, Prime Minister Vladimír Mečiar visited Tesla's headquarters and expressed his support for the company. "If Tesla Piešťany goes under," Mečiar said, "the whole electronics industry in Slovakia will be liquidated."

Top stories

Police will check overpriced EU presidency

The presidency will also be scrutinised by state auditors.

The ceremonial launch of the Slovak presidency's logo.

Inspectors to focus on firms with foreign staff

Scrutiny follows media report by Serbian journalist concerning conditions in a Galanta-based plant.

Labour Minister Ján Richter

Bratislava councillors want gambling regulation, not ban

Seventeen councillors do not agree with total prohibition of gambling in the capital, they want to continue in its strict regulation.

SaS denies Russian media reports on its support of Slexit

The opposition party has objected to news in some Russian media stating that it supports the departure of Slovakia from the EU, i.e. Slexit.

Richard Sulík