Spectator on facebook

Spectator on facebook

Sk23.4 billion in investments in Slovakia in nine months

Foreign direct investment (FDI) in Slovakia totalled Sk23.376 billion (€590 million) in the first nine months of 2004, with Sk18.343 billion (€460 million) invested in the corporate sector and the rest in banks, writes the central bank in its monetary review, according to SME daily newspaper.

Hungary accounted for the biggest share of investments with Sk6.116 billion (€150 million). From January to September, Sk12.637 billion (€320 million) was invested in industrial production and Sk5.604 billion (€140 million) into financial mediation. Retail and wholesale sectors, motor vehicle repair, motorcycles and consumer goods absorbed Sk4.634 billion (€120 million) in investment.

The Bratislava region drew 83 percent of all investment. The Trnava region came in second with Sk3.488 billion (€90 million).

Compiled by Marta Ďurianová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).