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THE YEAR IN BUSINESS

March

U.S. Steel stays in Košice. U.S. Steel Corporation changed its mind and did not sell its U.S. Steel Košice (USSK) subsidiary in eastern Slovakia. Representatives of the Slovak government and the US company signed a memorandum on March 26 in Košice, after the return of Prime Minister Robert Fico from a whirlwind two-day trip to the headquarters of U.S. Steel in Pittsburgh. In return for not selling the plant, the state provided it aid in the form of relief in energy and environmental costs.

U.S. Steel stays in Košice. U.S. Steel Corporation changed its mind and did not sell its U.S. Steel Košice (USSK) subsidiary in eastern Slovakia. Representatives of the Slovak government and the US company signed a memorandum on March 26 in Košice, after the return of Prime Minister Robert Fico from a whirlwind two-day trip to the headquarters of U.S. Steel in Pittsburgh. In return for not selling the plant, the state provided it aid in the form of relief in energy and environmental costs.

Completion of Mochovce nuclear power plant will cost more than originally planned. Fulvio Conti, CEO of the Italian energy group Enel, holding 66 percent of Slovenské Elektrárne, informed at the annual press conference that completion of the third and fourth units of the nuclear power station in Mochovce will cost €3.8 billion. The original price tag was €1 billion lower.

Peugeot 208 destined for Russian market. The Trnava-based carmaker PSA Peugeot Citroën Slovakia launched production of the Peugeot 208 model for the Russian market.

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Top stories

Rector, minister, president. Why nobody halted the plagiarists’ appointment?

None of the concerned parties see their role in evaluating the moral qualities of the candidate for professor.

Marian Vanderka

Fallen lines and engine fires: Slovak trains are not without incidents Photo

Slovak rail carrier ZSSK is facing a massive wave of criticism after some recent accidents.

Fire on a train between Šaľa and Galanta.

Pohoda Festival organisers to pay compensation to parents of fatality

The verdict obliging the famous music festival to pay damage compensation to those bereft of a girl who died in 2009 from injuries caused by a fallen tent is not effective yet.

The damaged tent hit or put at risk at least 300 people back in 2009.

Rules for hiring foreigners are simpler. For exceptions

Despite positive changes, employers still point to some barriers preventing more effective and simpler recruitment of foreign workers.

Some problems with Foreigners’ Police continue.