BUSINESS FOCUS: Coronavirus crisis accelerates new trends in the logistics real estate sector

Impacts of the COVID-19 pandemic, new tender for a highway toll system and the still incomplete cross-country highway are among the highlights of the latest Business Focus.

Interior of the warehouse in P3 park in Bruck an der Leitha.Interior of the warehouse in P3 park in Bruck an der Leitha. (Source: Courtesy of P3)

In September 2020, The Slovak Spectator published its Business Focus on Transport and Logistics in Slovakia. Here is your overview of stories from the focus issue:

Highways do not solve every regional traffic problem

The now proverbial highway could connect Bratislava and Košice as early as next year. It will not run through Slovakia, though. The completion of the cross-country D1 highway has been a priority of most post-1993 governments. None has managed to complete it to date. Sooner than the Slovak branch, the two largest Slovak cities will be connected through Hungary.

In Slovakia, the D1 still lacks three stretches in northern Slovakia, and it is hard to say when they will be completed.

“The current state of the last stretch between Turany and Hubová, the construction of which has not even started yet, makes it impossible to say when the highway between Košice and Bratislava will be finished,” Ivan Rudolf, spokesperson of the Transport Ministry, told The Slovak Spectator.

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Slovakia gears up for a new highway toll system

Vehicles over 3.5 tonnes have been paying for kilometres driven on highways and first-class roads across Slovakia for 10 years. But while the current contract on the operation of the electronic toll system will terminate within less than two years, the state has not chosen a new operator. This means that there is little chance for a smooth transfer. Nevertheless, the government of Igor Matovič (OĽaNO) promises that the new system will be less costly and more effective. Contrary to the current one operated by SkyToll, its whole infrastructure will be under state ownership.

“The most important change is the ownership of the system; we would be very flexible,” said Transport Minister Andrej Doležal (Sme Rodina). “We would like to have an opportunity to dynamically set the tolls in time and selectively charge the toll or lift the charges on certain road sections.”

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COVID-19 pandemic accelerating new trends in the logistics sector

While Slovakia’s small and open economy was one of the most hit by the COVID-19 pandemic within the European Union, the local industrial and logistics segment was not as negatively affected as other real estate fields. The novel coronavirus crisis has brought a demand for short-term rentals, the development of e-commerce and acceleration in implementing new processes and innovations.

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