BUSINESS IN SHORT

Slovak industrial orders grow

INDUSTRIAL orders in Slovakia in March posted the fourth fastest growth within the European Union.

INDUSTRIAL orders in Slovakia in March posted the fourth fastest growth within the European Union.

Slovakia's industrial orders increased 30 percent year-on-year, while in the EU the figure rose 20.7 percent, and 19.8 percent in the eurozone, according to data released on May 25 by Eurostat, the EU's statistics office, the SITA newswire reported.

Within member states from which data were available, orders increased in yearly terms in 18 countries and decreased in four. The largest growth was reported in Great Britain (36.3 percent), Latvia (33.8 percent) and Germany (31 percent). The largest decreases were posted in Ireland (-22.9 percent), Portugal (-21.1 percent) and Denmark (-17.2 percent).

On a monthly basis, industrial orders within the EU increased 5.9 percent. In Slovakia they posted a 6-percent increase.


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