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BUSINESS BRIEFS

Cheap land attracts foreigners

FOREIGN farmers are increasingly interested in Slovak land and are currently working an estimated 50,000 hectares, mainly in the southwest of the country, according to the Slovak farmers union.

As a future EU member, Slovakia is an attractive investment location for Western farmers, with land prices dramatically lower than in the EU. According to 1998 figures from the Slovak Land Fund, one hectare of farm land in Slovakia costs on average 1,200 euro, compared to 52,900 euro in Luxemburg, 17,100 euro in Germany, and 9,100 euro in the UK.

Top stories

Roma segregation - Slovakia’s evergreen problem

Amnesty International slams Slovakia for discriminating against minorities and for hate speech in its annual report.

JLR plant, cheap mortgages alter market

In the sector of industrial real estate attention is focused on Nitra and its vicinity, where Jaguar Land Rover (JLR) is building a new plant.

Slovak drama of the early 20th century goes English

Visual art, dance and music are universal means of expression; drama, on the other hand, is determined and limited by the language it is performed in. To offer the world at least a taste of Slovak drama, the Theatre…

L-R: Diana Mórová (Eva), Kamila Magálová (Matka), Ján Koleník (Bača Ondrej) in Ivan Stodola's play Shpeherd's Wife in the Slovak National Theatre

North-south gas interconnection moves closer

Slovak gas projects will receive finances from the European Union.

The gas pipeline operator Eustream is the biggest taxpayer in Slovakia.