THE YEAR IN BUSINESS

February

Volksbank becomes Sberbank. The third biggest bank in Europe, Russia’s Sberbank, started to officially operate under this trademark in Slovakia. Sberbank purchased the subsidiaries of Volksbank, including its Slovak arm in February 2012 for €505 million.

US President BarackObamaawarded Slovak-born scientist Ján
Vilček.US President BarackObamaawarded Slovak-born scientist Ján Vilček. (Source: Ryan K Morris/National Science &Technology medal Foundation)

Volksbank becomes Sberbank. The third biggest bank in Europe, Russia’s Sberbank, started to officially operate under this trademark in Slovakia. Sberbank purchased the subsidiaries of Volksbank, including its Slovak arm in February 2012 for €505 million.

Car production extended. The South Korean carmaker Kia Motors Slovakia launched in its plant in Teplička nad Váhom serial production of the three-door pro_cee’d model.

Slovak-born scientist receives award from US President Obama. Scientist Ján Vilček, who has lived and worked in the United States for most of his life, received a US National Medal of Technology and Innovation from US President Barack Obama on February 1. The medal is the highest American award in the sphere of technological progress. Vilček, who was born in Bratislava in 1933, is among the world’s top experts in immunology and micro-biological research. His research has contributed significantly to the treatment of arthritis and other chronic inflammatory diseases.

Achmea initiates arbitration against Slovakia over health-insurer plan. Slovakia became subject to further arbitration proceedings when Dutch insurance company Achmea, the owner of Slovak health-insurer Union, took an action in reaction to the government’s plans to merge all three of Slovakia’s current health insurers (including a second private insurer, Dôvera, and the state-owned Všeobecná Zdravotná Poisťovňa) into a single company, even if it has to expropriate the two private firms. By mid December 2013 the plan to re-introduce the unitary health insurance system in the country had not made any visible headway with the state lacking money for its realisation.

Gas unbundling goes on. The Slovak cabinet cleared the shift of natural gas transmission activities from the gas utility SPP to Eustream, the Slovak gas transmission system operator.

THE YEAR IN BUSINESS

January
March
April
May
June
July
August
September
October
November
December

Get daily Slovak news directly to your inbox

Top stories

News digest: Former state secretary describes the corruption at courts

Schools will definitely not open on Monday. Coronavirus vaccine could be available starting in mid-December. Slovakia joins campaign to fight violence against women.

The Presidential Palace lit in orange, to support the Orange the world! campaign.

One in five women has experienced violence

The situation is far from satisfactory, said President Čaputová.

Secret votes and public lies

There are uncanny echoes today of Slovakia’s agonies over its choice of chief prosecutor ten years ago.

Dobroslav Trnka (left) and Jozef Čentéš (right), the candidate who was eventually selected by MPs in 2011, never got to take up the post because the then president, Ivan Gašparovič refused to appoint him for reasons that were never clearly explained.

How a Catholic charity became a voice for migrants in Slovakia

Religious organisations have added leverage in changing perceptions of foreigners and migrants, says Caritas Slovakia.

Caritas Slovakia's ‘World Without “the Other” – Migration Myths’ campaign educates Slovaks on migration in a fun and artistic way.