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BUSINESS BRIEFS

Car parts producer opens factory

RAUTENBACH Slovakia, a producer of car body parts, yesterday opened a renovated 13 million euro factory in central Slovakia to produce parts for car manufacturers Daewoo, Škoda, Porsche and Audi.

Now employing 270 people, the subsidiary of the German Rautenbach will invest a further 30 million euros by 2006, bringing its Slovak workforce to 400 and its output to 600,000 body parts annually.

Top stories

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo