Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Radičová halts rail company layoffs

THE PLANNED mass layoffs of more than 4,000 employees in the three state-controlled railway companies have been postponed. The Ministry of Transport, Construction and Regional Development must first elaborate and submit to cabinet a recovery plan for the loss-making railway companies, the SITA newswire reported.

THE PLANNED mass layoffs of more than 4,000 employees in the three state-controlled railway companies have been postponed. The Ministry of Transport, Construction and Regional Development must first elaborate and submit to cabinet a recovery plan for the loss-making railway companies, the SITA newswire reported.

Prime Minister Iveta Radičová instructed Transport Minister Ján Figeľ to halt all plans for layoffs of railway employees until a plan to revitalise the railway companies is approved.

SITA wrote that Radičová made her decision after she was informed by the head of the railway trade union, František Petroci, about the union’s negative attitude toward the announced redundancies unless the Transport Ministry elaborated a revitalisation program that would support the development of railway transport in Slovakia.

“Layoffs are the last resort solution,” the Transport Ministry’s spokesperson, Martin Krajčovič, told SITA.


Top stories

Suspicious "rural entrepreneurs" involved with Smer emerge in Nitra

Successful businesspeople from the village of Babindol who have received subsidies from EU funds worth millions have connections to the ruling Smer party.

Competition in goulash cooking Guláš CUP 2015 in Babindol: Police President Tibor Gašpar(L), ex-minister of Agriculture Ľubomír Jahnátek (R) and Labour Minister Ján Richter (2L).

Slovak mixed relay was withdrawn from competition Photo

Paulína Fialková botched the shooting, thus thwarting the hopes of the Slovak Olympic mixed team of biathletes.

L-R Kuzmina and Fialková in the failed Slovak race.

Blog: Government Affairs in Slovakia – how did this profession develop and what is its future?

It is encouraging that more and more companies based in Slovakia are starting to realize that it is also possible to shape EU policies from a small country like Slovakia and use the services of government affairs…

Illustrative stock photo

Slovak ice hockey team goes home Photo

The United States defeated their rivals from Slovakia for the second time, ending their performance at the Olympics.