Spectator on facebook

Spectator on facebook

BUSINESS BRIEFS

Biotika plans mass layoffs

DRUG manufacturer Biotika Slovenská Ľupča is preparing for significant layoffs, with the firm's labour union boss confirming that about 200 people may lose their jobs.

Biotika's general director Jozef Krištofčák said that the unpopular measures were still at the preparation stage, but he later confirmed that workers would be gradually laid off until the end of this year.

The firm's management says that increased energy prices and the weakening US currency against the Slovak crown has made the preservation of the current labour force difficult to sustain.

Biotika has 1,000 employees, and exports about 86 percent of its production.

Top stories

Voters don’t understand self-governing regions

Rules for regional elections change, which may bring some surprising victories.

One of the biggest fights is expected in Banská Bystrica Region.

Sagan rewrites history Video

Cyclist Peter Sagan becomes the first man to win three consecutive world championships. He allegedly did not expect it and was easy with the idea he would not win.

Blog: Why did I come here?

A group of teachers and students from the Bratislava-based school gathered to support their friend, colleague, and fellow foreigner, as she had already tried four times just to get in the door of the foreign police.

Queue in front of the foreigners' police department in Bratislava.

Teachers and scientist support anti-corruption march

They praise the activities of students who may change the current state of corruption.

Organisers of the first student protest, Karolína Farská and Dávid Straka.