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BUSINESS BRIEFS

'No' to new railways headquarters

TRANSPORT Minister Pavol Prokopovič scrapped a new headquarters project for the state railways firm, saying: "It doesn't make sense for the railways to be building such a thing when we're fighting for every crown."

The building was to have cost the heavily indebted and loss-making railways firm more than Sk500 million ($12 million).

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