Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Steel industry necessary

A STABLE economy and sustainable employment would be impossible without the steel industry, the Economy Ministry said in its action plan for a competitive and sustainable steel industry in Slovakia, submitted for interdepartmental review on March 19.

A STABLE economy and sustainable employment would be impossible without the steel industry, the Economy Ministry said in its action plan for a competitive and sustainable steel industry in Slovakia, submitted for interdepartmental review on March 19.

“The steel industry creates the basis for the development and the creation of values of many crucial industrial fields, like metallurgy, construction, automotive production, engineering and the energy sector,” the ministry wrote in the report, as cited by the TASR newswire.

According to the Economy Ministry, the government is interested in keeping steel production in Slovakia at the current level and it agrees with defining it as strategic industrial field.

The ministry also stressed the importance of steel production in research and development, in the area of new materials and new types of steel, as well as in regional development, including education, health care, culture and sports, as reported by TASR.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Kuciak did not even have a computer as a child and he grew up to be an analyst

A village boy who angered Marian Kocner. A profile of Ján Kuciak, who recently received the White Crow award in memoriam.

Ján Kuciak

Lajčák considers resignation if the migration compact is rejected

The foreign affairs minister also admitted to some disputes with PM Robert Fico.

Foreign Affairs Minister Miroslav Lajčák

How to cope with waste

Slovakia lags behind in recycling and reducing waste, but examples of other countries, particularly the Netherlands, are helping Slovakia implement strategies to reduce waste.

Roughly 67 percent of communal waste ended up at landfills in Slovakia, while only 23 percent was recycled.

Europe might not be just an innocent victim

While real estate bubbles in the US, Greece and Spain were partial causes of global crisis, irresponsible lending was also rife in places you hear little about.