Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Industrial sales grow in May

INDUSTRIAL sales in Slovakia continued their upward trend with growth in May of 8.1 percent compared with the same month last year and at a higher pace than the 6.6 percent recorded in April, the SITA newswire wrote, based on data from Slovakia’s Statistics Office. Industrial sales amounted to €6.962 billion in May.

INDUSTRIAL sales in Slovakia continued their upward trend with growth in May of 8.1 percent compared with the same month last year and at a higher pace than the 6.6 percent recorded in April, the SITA newswire wrote, based on data from Slovakia’s Statistics Office. Industrial sales amounted to €6.962 billion in May.

The May sales growth was influenced primarily by 33.8-percent growth in sales of transportation products, such as automobiles, and 9.3-percent growth in sales of computer, electronic and optical devices. Sales also increased by 9.5 percent in maintenance and installation of machinery and devices, by 4.5 percent in foods, beverages and tobacco products and by 1.1 percent in production of metal structures. Sales dropped in production of coke and refined oil products by 36.5 percent and in production of chemicals and chemical produces by 12.8 percent, SITA wrote.

Over the first five months of 2012 sales in industry increased by 8.3 percent to €34.285 billion while sales by construction firms dropped 12.9 percent to €2.493 billion. Industrial sales in 2011 were over €77 billion and had grown by 10.8 percent from 2010.

Top stories

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.

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

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

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.