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June: The top business stories of 2011

Ministry unveils Singapore project. Slovakia’s Economy Ministry unveils what it calls the Singapore project, with the aim to create one of the best global business environments in Slovakia and the best in central and eastern Europe, stating that after the measures are in place a company can be established within two days in Slovakia at a cost of only €1. The ministry also proposes to use more electronic documents in public registries and to simplify administrative procedures in other ways.

Ministry unveils Singapore project. Slovakia’s Economy Ministry unveils what it calls the Singapore project, with the aim to create one of the best global business environments in Slovakia and the best in central and eastern Europe, stating that after the measures are in place a company can be established within two days in Slovakia at a cost of only €1. The ministry also proposes to use more electronic documents in public registries and to simplify administrative procedures in other ways.

UK company arrives in eastern Slovakia. Boxperfect, a company from Essex in the United Kingdom, launches production of gift and presentation boxes for the retail trade sector in the village of Kojšov.

Data centre opens. Slovak Telekom begins operation of its new data centre with 1,200 square metres of server halls in Bratislava, following a €15 million investment.

Biomass power stations ready. Bioenergie, a €60-million investment project by Austrian companies, finishes construction of two biomass power plants, one in Bardejov and one in Topoľčany.

AU Optronics starts production. AU Optronics, a Taiwanese company and one of the largest investors in Slovakia in the past few years, opens its biggest plant in Europe for production of LCD panels in Trenčín. The investment is worth €191 million.

Tax Freedom Day comes earlier. Tax Freedom Day, the day each year when taxpayers finish paying their tax obligations to the government, came on June 3, several days earlier than in 2010, according to an analysis prepared by the Slovak Taxpayers’ Association and the F. A. Hayek Foundation.

Google opens a Slovak office. Google opens an office in Bratislava with the goal of supporting development of electronic selling through education and support of e-marketing, with an emphasis on exporters, entrepreneurs and small and medium-sized businesses. Slovakia is one of only a few countries with five million residents or less to have a Google office.

Top stories

Slovakia remains unknown in convention business

Ten MICE events in 2017 should bring almost €6.5 million to Bratislava.

The GLOBSEC security forum is one of the regular MICE events in Slovakia since 2005.

Kotleba should be defeated in election, not banned

More constitutional can be less democratic, and it is not clear that it always has the intended result. Perhaps the clearest historical case came with the rise of the Nazis in Germany.

Marian Kotleba

Slovakia to leave NATO is a hoax

The Slovak Spectator brings you a selection of hoaxes that appeared over the past week.

Some peple gathered at Slavin in Bratislava brought ani-NATO banners.

Fico: We cannot allow multi-speed EU to become divisive Video

Final session of the 12th edition of Globsec 2017 featured Slovak PM Robert Fico, Czech PM Bohuslav Sobotka, and President of the European Council, Donald Tusk, in a panel entitled European (Dis)Union?

Donald Tusk, Robert Fico, and Bohuslav Sobotka (left to right)