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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

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.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

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

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

Police president refuses the proposals of students

He turned down their suggestions for a public debate but invites them to talk about corruption at the Police Corps Presidium.

Police President Tibor Gašpar

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.