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May: The top business stories of 2011

New gas power plant opens. A combined-cycle, gas-fired power plant in Malženice in Trnava Region opens on May 1. The plant can produce 3 billion kWh of electricity per year. Construction took 26 months with a total investment of €400 million, the largest power plant built by E.ON in Slovakia in recent years.

Malženice power plant began operating.(Source: TASR)

New gas power plant opens. A combined-cycle, gas-fired power plant in Malženice in Trnava Region opens on May 1. The plant can produce 3 billion kWh of electricity per year. Construction took 26 months with a total investment of €400 million, the largest power plant built by E.ON in Slovakia in recent years.

Bekaert expands its facility. Bekaert, a global metal and advanced materials company headquartered in Belgium that has been in Slovakia for 10 years, opens an expanded facility in Sládkovičovo that vastly increases its production capacity there. Bekaert’s aggregate investment in Slovakia has been €240 million over the decade.

Slovak media introduce website fees. Several Slovak media websites, including those of the Sme, Hospodárske Noviny, and Pravda dailies, launch a joint project called Piano which costs €2.90 per month or €29 per year for a reader to access certain features on the websites.

Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak