May: The year in business

Car production rose in 2013. A total of 987,718 cars were produced in Slovakia last year, up by 6.6 percent compared to 2012. The number of cars produced per 1,000 inhabitants in Slovakia stood at 182 in 2013, confirming Slovakia as the largest automobile manufacturer per capita in the world.

Car production rose in 2013. A total of 987,718 cars were produced in Slovakia last year, up by 6.6 percent compared to 2012. The number of cars produced per 1,000 inhabitants in Slovakia stood at 182 in 2013, confirming Slovakia as the largest automobile manufacturer per capita in the world.

Restrictions on sale of farmland. Conditions for selling and donating agricultural land will be stricter in Slovakia after parliament passed a new law on agricultural land ownership on May 16. The law, passed in a fast-tracked proceeding, became effective as of June 1. The Agriculture Ministry believes it will help protect agricultural land in Slovakia and prevent speculative land purchases.

Achmea loses against Slovakia. Slovakia won the arbitration proceedings initiated by Dutch company Achmea, the owner of the health insurer Union, against the Slovak government, which plans to merge the three existing health insurers and introduce a unitary system of public health insurance. Achmea was required to pay Slovakia €1.340 million, but the disputing parties differed in their interpretation of the verdict. While the Robert Fico government celebrated the victory and saw the verdict as a green light for its project, Achmea claimed that it has achieved its goal, too, in terms of averting expropriation.

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