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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Marian Kočner and Pavol Rusko released

Kočner and Rusko will not be held in custody while they are under prosecution for forging promissory notes to the private TV channel Markíza.

Pavol Rusko (front) and Marián Kočner

Long breakaway gives Slovak championship to Sagan, surprising everyone Video

Even former cycling legend and sports commentator Jan Svorada was shocked by the breakaway which secured Sagan's sixth victory in the Slovak championship.

Peter Sagan wins the Czech y Slovak Championship, June 24, 2018

Threats, scandals, and dubious political ties. Who is Marian Kočner?

The businessman with many ties to politicians has been detained by police.

Marian Kočner

Blog: Human Capital in Slovakia: Preparing for the next industrial revolution

A closer cooperation between business and academia is of key importance if Slovakia is to strive in the ongoing industrial revolution.

In centres of excellence, a group of skilled workers is using brand new technologies.