Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Industrial production up in October

INDUSTRIAL production in Slovakia rose by 6.8 percent year-on-year in October, as a result of the 9-percent rise in industrial manufacturing, according to the Statistics Office data. Production dropped in electricity, gas, steam and air-conditioning supply by 7.2 percent y/y, and in mining and quarrying by 2.6 percent y/y. After seasonal adjustments, industrial production rose by 0.4 percent compared to September.

INDUSTRIAL production in Slovakia rose by 6.8 percent year-on-year in October, as a result of the 9-percent rise in industrial manufacturing, according to the Statistics Office data. Production dropped in electricity, gas, steam and air-conditioning supply by 7.2 percent y/y, and in mining and quarrying by 2.6 percent y/y. After seasonal adjustments, industrial production rose by 0.4 percent compared to September.

Total industrial production rose annually mostly thanks to increases in the manufacturing of electric equipment (by 63.6 percent), vehicles (7.7 percent), and metals and metal constructions, except for machines and equipment (18.2 percent). Moreover, the manufacturing of rubber, plastic and other non-metallic mineral products rose by 11.7 percent y/y, and the manufacturing, repair and installation of machinery and equipment rose by 16.9 percent y/y, the Statistics Office informed.

On the other hand, the volume of production dropped in annual terms in the manufacturing of coke and refined petroleum products by 23.7 percent, basic pharmaceutical products and preparations by 53.3 percent, and chemicals and chemical products by 13.6 percent.

Over the first 10 months of 2013 the index of industrial production grew by 3.8 percent y/y, while industrial manufacturing grew by 4.8 percent.

Top stories

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).