Spectator on facebook

Spectator on facebook

Slovakia’s economy minister proposes measures to save costs for businesses

The Slovak Economy Ministry wants to save more than €100 million each year for companies by improving the business environment, Economy Minister Juraj Miškov told a June 6 press conference, stating that his ministry has elaborated 100 measures which will lessen the administrative burden of businesses, the Sme daily reported.

The Slovak Economy Ministry wants to save more than €100 million each year for companies by improving the business environment, Economy Minister Juraj Miškov told a June 6 press conference, stating that his ministry has elaborated 100 measures which will lessen the administrative burden of businesses, the Sme daily reported.

“We prepared a project called Singapore, the aim of which is to create in Slovakia one of the best business environments and the best one in central and eastern Europe,” Miškov said, as quoted by Sme, adding that Slovakia would thus become “the Singapore” of this region.

He said that after the measures are implemented it would be possible for a company to be established within two days and to spend only one euro in doing so. The ministry also proposes to use more electronic statements within public registries and to simplify the administrative procedures in several other ways.

Source: Sme

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.