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BUSINESS BRIEFS

Rail modernisation approved

THE CABINET approved a project for the modernisation of the railway tracks between the towns of Piešťany and Nové Mesto nad Váhom in western Slovakia that will cost a total of Sk5.1 billion (€128 million).

According to the Pravda daily, the work is planned to begin this year and should be completed by 2007. The EU will finance as much as 85 percent of the project's costs.

Top stories

Bratislava councillors want gambling regulation, not ban

Seventeen councillors do not agree with total prohibition of gambling in the capital, they want to continue in its strict regulation.

Unemployment rate keeps decreasing

Positive development of Slovakia’s economy seen behind the decrease.

European Investment Bank supported Slovakia with €918 million in 2016

2016 was a successful year for the EIB Group in Slovakia, said EIB Vice-President Vazil Hudák.

Vazil Hudák

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