BUSINESS IN SHORT

Slovakia third most industrialised

EVERY fourth euro produced in the Slovak economy comes from industry, which makes the country the third most industrialised member of the European Union, after Romania and the Czech Republic. Moreover, the share of industry in the country’s GDP in the first half of this year stood at 25.8 percent, according to a study by Poštová Banka, based on Eurostat data.

EVERY fourth euro produced in the Slovak economy comes from industry, which makes the country the third most industrialised member of the European Union, after Romania and the Czech Republic.

Moreover, the share of industry in the country’s GDP in the first half of this year stood at 25.8 percent, according to a study by Poštová Banka, based on Eurostat data.

The sector with the second highest share on the economy in Slovakia in the first half of the year was wholesale, retail, transport, housing and food, the analysis showed, as reported by the TASR newswire.

Public administration, social security, defence, education, health care and social services came third, with a 12-percent share. Only about three percent of Slovak production was reported in agriculture, forestry and fishing, as well as in art, entertainment and recreation.

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