May - The year in business

Investment incentives approved – On May 12 the Slovak government approved investment incentives of €16 million for five companies: Pasívhaus Modul Systeme, Monocrystalex, Sapa Profily, Stawi, and SKH Plastic. These investments were expected to create 468 new jobs.

Investment incentives approved – On May 12 the Slovak government approved investment incentives of €16 million for five companies: Pasívhaus Modul Systeme, Monocrystalex, Sapa Profily, Stawi, and SKH Plastic. These investments were expected to create 468 new jobs.

Amendment on corporate crime passed – If a crime is committed by a legal entity it can be sanctioned under an amendment to the Penal Code prepared by the Justice Ministry and signed into law by President Ivan Gašparovič in mid May. The new law introduces legal sanctions for indirect criminal responsibility by corporate entities and became effective on September 1, 2010.

Highway over Považská Bystrica opened – Prime Minister Fico ceremonially opened a 10-kilometre highway section on May 30 that includes an elevated section over Považská Bystrica. As much as 70 percent of the traffic on the first-category road through Považská Bystrica, in Trenčín Region, was diverted to the newly opened Sverepec-Vrtižer section of the D1 motorway. The construction work on the section was launched in 2008 and the overall cost was €379 million.


Top stories

Marian Kočner in Supreme Court during the appellate proceeding in the Kuciak murder trial.

A retrial of the Kuciak case could sway people’s trust in the justice system

Slovakia breathes a collective sigh of relief as Kočner is stripped of his not-guilty verdict – for now.


4 h
Illustrative stock photo

Extremely hot weather continues, storms expected

Hydrometeorologists have issued several warnings for the coming days.


7 h
NBS central bank

Austerity policies proved quantifiably deadly

EU's rescue fund is a complete reversal from the disastrous austerity policies pursued in Europe in the wake of the 2008 crisis.


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The change in the arrangement of home office is overestimated, said some lawyers

Home office regulation is a wasted opportunity

Lawyers most often answered queries about state aid, sensitive data or repatriantion of posted employees.


19. jún