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BUSINESS BRIEFS

Industry profit up 34 percent in 2003

INDUSTRY in Slovakia ended 2003 with a pre-tax profit of Sk86.5 billion (€2.1 billion), a 34.4 percent year-on-year increase.

Sales without VAT and excise taxes went up 17.5 percent over those of 2002, reaching Sk1.18 trillion (€29.29 billion), the Economy Ministry announced. The added value reached Sk278.9 billion (€6.88 billion), up 10.2 percent from 2002. Revenues grew by 16.1 percent to Sk1.32 trillion (€32.9 billion), the private news agency SITA wrote.

Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak