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BUSINESS BRIEFS

Coalition agrees on further privatisation

RULING parties agreed on a plan for the further privatisation of strategic companies on December 1, the state-run TASR news wire reported.

The government is looking to sell further stakes in large firms, mainly energy companies. Most of the companies have already been partly privatised and sold to foreign investors, who now hold controlling 49 percent stakes in them.

Late November, President Rudolf Schuster vetoed a law that makes possible the sale of shares greater than 49 percent of strategic firms. However, Schuster will have no veto power if the law is approved a second time. The state's stakes in the companies are managed by the National Property Fund.

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Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

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There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

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GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.

Armed forces need new armour, and more

Slovakia's armed forces need to modernise their military technology, but also improve infrastructure and make soldiers' salaries more competitive.

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