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August: The top business stories of 2011

Honeywell starts construction. Honeywell, a US-based company, chooses eastern Slovakia for a new factory that will manufacture turbochargers for passenger cars and trucks on a five-hectare plot in the IPZ Prešov-Záborské industrial park. Honeywell’s investment is €38.3 million and the plant will employ nearly 450 people in its first phase.

Honeywell starts construction. Honeywell, a US-based company, chooses eastern Slovakia for a new factory that will manufacture turbochargers for passenger cars and trucks on a five-hectare plot in the IPZ Prešov-Záborské industrial park. Honeywell’s investment is €38.3 million and the plant will employ nearly 450 people in its first phase.

Amazon.com opens sales support centre. More than 200 new jobs will come to Bratislava by the end of 2012 as Amazon.com opens a new centre to train salespeople.

Volkswagen expands. The Bratislava Volkswagen plant starts serial production of the automaker’s new Up! model, a project with an investment of over €300 million. Volkswagen’s factory in Bratislava is the only plant in the world producing five car brands under one roof – Volkswagen, Škoda and SEAT (New Small Family), plus Audi and Porsche SUVs. Volkswagen, celebrating 20 years in Slovakia, also unveils further investment plans worth about €1.5 billion over the next five years.

Korea’s Hansol leaves Slovakia. Hansol, a Korean-based producer of components for television sets, terminates production of backlights and LCM panels at its plant in Voderady, near Trnava, and lays off more than 1,400 employees.

Mobile operators get licence extensions. The two biggest mobile operators in Slovakia receive extensions of their licences for another 10 years, along with bills of €41 million for Orange Slovensko and €48 million for Slovak Telekom, operating under the T-Mobile brand. Both companies challenge their licence extension fees, as set by the Telecommunications Office, the regulatory authority.


Top stories

Sagan rewrites history Video

Cyclist Peter Sagan becomes the first man to win three consecutive world championships.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness