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BUSINESS BRIEFS

Cargo money to offset debts

MONEY that the Finance Ministry acquires from the privatization of Železničná Spoločnosť Cargo Slovakia (ZSSK Cargo) is to be used to pay off other state railway companies' debts.

Transport Minister Pavol Propokovič expects proceeds from the privatization to range from Sk15 billion (€390 million) to Sk20 billion (€520 million), which should be enough to settle the companies' debts.

Economy experts consider the deal to get rid of the debts to be a positive move.

Top stories

Job ads should inform about basic salary

One of the proposal’s authors from the Smer coalition voted in May against a similar proposal authored by opposition deputies

The shortage of workforce is a growing problem for entrepreneurs.

Top 3 news from Last Week in Slovakia Video

EMA will not relocate to Slovakia - Job ads will have to state actual payrates - Trnava factory to produce electric cars

PSA plant in Tranva.

Námestie Slobody square closer to facelift Photo

The Bratislava city council wants to revitalise the square by the end of 2018

The winning project for revitalisation of Námestie Slobody square

Slovak hockey league will not rest during Olympics

Unlike the Slovak premiere hockey league, Swiss, German and Russian leagues will take a break during the 2018 Winter Olympics.

Ice hockey is popular in Slovakia