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February: The top business stories of 2011

ICT sector ranks as an economic pillar. The Slovak IT Association (ITAS) introduces a study about the role of the ICT sector in the Slovak economy noting that it has grown with minimal state support and now offers products and services with a high added value. The study counted almost 40,000 employees in the sector with an average monthly salary of €1,500 while noting that the ICT firms paid more than €170 million in corporate income taxes in 2009, more than the entire manufacturing sector and several times that of the automotive industry.

ICT sector ranks as an economic pillar. The Slovak IT Association (ITAS) introduces a study about the role of the ICT sector in the Slovak economy noting that it has grown with minimal state support and now offers products and services with a high added value. The study counted almost 40,000 employees in the sector with an average monthly salary of €1,500 while noting that the ICT firms paid more than €170 million in corporate income taxes in 2009, more than the entire manufacturing sector and several times that of the automotive industry.

Logistics firm announces expansion. PointPark Properties announces that it will expand its logistics park in Lozorno by another 110,000 square metres. The investment includes construction of new logistic halls which will be finished in 2014, bringing 450 new jobs.

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Slovak mixed relay was withdrawn from competition Photo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.