Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

EC probes high electricity prices

THE PRICES of electricity for companies in Slovakia are the fourth highest in the European Union, according to EU statistics based on data from 2012. The only countries with higher electricity prices are Cyprus, Malta and Ireland, the Sme daily reported on April 24.

THE PRICES of electricity for companies in Slovakia are the fourth highest in the European Union, according to EU statistics based on data from 2012. The only countries with higher electricity prices are Cyprus, Malta and Ireland, the Sme daily reported on April 24.

“The European Commission has identified high electricity prices in particular for industrial producers,” said Marlene Holzner, spokesperson for European Commissioner for Energy Günther Oettinger, as quoted by Sme. “This might be a barrier to the competitiveness of companies in Slovakia.”

Holzner added that this problem relates only to the part of the price which consists of various fees, for example those for operation of the national grid and for distribution of electricity through cables to companies.

Brussels did not criticise the rest of the end price of electricity, composed of the actual price of electricity traded on exchange markets, Sme wrote.

Miroslav Lupták, spokesperson for the Regulatory Office for Network Industries (ÚRSO), told Sme that the fact that Brussels does not like the distribution fees “does not mean that they are not correct”.

Top stories

When sheep and goats become gardeners Photo

Living four-legged mowers help take care of precious orchids and butterflies.

Restored pasture in Devínska Kobyla

Bratislava city days to open the 2018 tourist season this weekend

It's a tradition in the second half of April for the Slovak capital to offer a host of events and free admission to several venues.

Bratislava City Days 2017

On killing a crab

If you eat animal flesh, you should not be squeamish about slaughtering your dinner.

The Good Market returns to Jakubovo Square Photo

Visitors can again buy quality and hand-made goods and get to know the local community.

The Good Market on Jakubovo Square