Spectator on facebook

Spectator on facebook

March: The year in business

Slovakia faces the first drop in consumer prices. For the first time in its history, prices in Slovakia dropped compared to the previous year. Inflation measured using the national methodology stood at -0.1 percent in February, with core inflation at 0.3 percent and net inflation at 0.2 percent, the Statistics Office announced on March 12. Analysts ascribed the drop in prices to falling prices of food.

Slovakia faces the first drop in consumer prices. For the first time in its history, prices in Slovakia dropped compared to the previous year. Inflation measured using the national methodology stood at -0.1 percent in February, with core inflation at 0.3 percent and net inflation at 0.2 percent, the Statistics Office announced on March 12. Analysts ascribed the drop in prices to falling prices of food.

Slovakia to produce Cayenne SUV. For the first time, Porsche will produce one of its vehicles completely outside Germany. The entire production of the next generation of the Cayenne SUV, a vehicle that currently accounts for about half of the company’s sales, will move to Bratislava after 2016. Currently, the vast majority of the Cayenne’s parts are made in Bratislava, but the final assembly is done at the company’s workshop in Leipzig.

Large investments to get aid more easily. Companies investing at least €200 million in Slovakia will no longer have to wait for the government to approve their request for state incentives as of May due to an amendment passed in parliament on March 25. One of companies benefiting from this change was the chemical company Duslo Šaľa of tycoon and Czech Finance Minister Andrej Babiš. The aid still has to be approved by the European Commission.

Related articles:
January
February
April
May
June
July
August
September
October
November
December

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

How does Slovakia support innovations?

Companies operating in Slovakia can benefit from state subsidies, EU resources and venture capital funds.

Science in Slovakia is underfunded, lagging behind other European countries.

Slovaks speak the worst English in central Europe

Seven out of ten job applicants in Slovakia claim to speak English.

Illustrative Stock Photo

Journalists should resist the temptation to tweet

There is still a need for old-fashioned news reporters who just get the facts out there, says Pulitzer Prize-winning journalist Ian Johnson.

Ian Johnson

We refuse Fico's attacks against journalists

More than 480 journalists have signed a statement condemning the most recent verbal attacks of the former prime minister against journalists.

Slovak journalists at one of protest rallies organised in response to the murder of journalist Ján Kuciak and his fiancée.