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October: The year in business

Construction giant in trouble. The Bratislava I District Court accepted the request to start the restructuring process in the construction company Váhostav. After Doprastav, it is the second big construction company in Slovakia in trouble.

Construction giant in trouble. The Bratislava I District Court accepted the request to start the restructuring process in the construction company Váhostav. After Doprastav, it is the second big construction company in Slovakia in trouble.

Minimum monthly wage raised by 7.95 percent. The minimum monthly wage in Slovakia will go up from €352 in 2014 to €380 (€2.184 per hour) in 2015, which represents an increase of €28 or 7.95 percent. By the more significant increase of the minimum wage the cabinet wants to secure a higher monthly income than the poverty threshold.

Slovak Telekom fined. The European Commission fined Slovak Telekom (ST) and its parent company Deutsche Telekom €38.84 million for the abuse of their dominant position on the market. Deutsche Telekom (DT) also received an additional fine of €31.07 million to prevent recidivism. Thus the total fine of ST and Deutsche Telekom stands at almost €70 million.

Constitution will protect water. The parliament passed a constitutional ban on exporting water.
The income tax law revised. The parliament adopted an extensive revision to the income tax law bringing changes especially in depreciation.

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Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.