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IN SHORT

€740 million invested in past six months

OVER the past six months, 33 investment projects have been launched in Slovakia, creating some 7,000 new jobs, New Citizen's Alliance leader and Economy Minister Pavol Rusko said at a party news conference on May 1 in Bratislava.

The projects, including the network of suppliers for the major Korean investor KIA/Hyundai, represent investments worth €740 million in total. In addition to the directly created jobs, the projects will indirectly create a further 13,000 jobs in the network of sub-suppliers expected to emerge to meet the needs of the major investors.

Top stories

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.