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BUSINESS BRIEFS

Foreign trade missions to close

ECONOMY Minister Robert Nemcsics has decided to shut down 24 of Slovakia's trade missions abroad to save Sk25 million (596,000 euro) per year.

He says he will keep open only those missions that will benefit the country's economy.

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