News on Slovakia's economy and employment

Process innovations allow Slovak innovators to shine

Slovak-made innovations make their way to the world through transnational companies.Jana Liptáková, 19. Nov 2020, at 16:52

The CEIT’s automated guided vehicle in action at the Volkswagen Slovakia plant in Bratislava.

Uncertainties abound, yet recovery is likely forthcoming in 2021

The COVID-19 pandemic determines economic development of Slovakia.Zdenko Štefanides, Chief Economist at VÚB Banka18. Nov 2020, at 12:23

The COVID-19 pandemic as well as antipandemic measures affect the Slovak economy.

Passat returns to VW plant in Bratislava after 30 years

Moving production of the Volkswagen Passat and Škoda Superb to Bratislava will account for half of the planned €1 billion investment.Jana Liptáková, 16. Nov 2020, at 18:02

The very first VW Passat produced in the Bratislava VW plant in December 1991.

Consumer prices started growing again

More expensive vegetable, bread and non-alcoholic beverages pushed prices up.Compiled by Spectator staff, 12. Nov 2020, at 11:57

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Slovak car-plane developers look to cash in on changing views of flying cars

AeroMobil and AirCar among a handful of firms working on special concept.Jana Liptáková, 2. Nov 2020, at 15:02

A fly test of the AirCar prototype.

Who are the biggest corporate taxpayers?

Companies with German capital contribute to state coffers the most.Jana Liptáková, 28. Oct 2020, at 12:33

Volkswagen Slovakia

Coronavirus postpones balanced budget in Slovakia

The Slovak cabinet adopted the general government budget for the next three years.Compiled by Spectator staff, 14. Oct 2020, at 17:43

Finance Minister Eduard Heger

Inflation hits three-year low

Food prices rose the least in the past few months.Compiled by Spectator staff, 14. Oct 2020, at 11:52

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.Compiled by Spectator staff, 12. Oct 2020, at 11:20

Interior of the warehouse in P3 park in Bruck an der Leitha.

COVID-19 pandemic accelerating new trends in the logistics sector

Online retail sales require more logistics space than brick-and-mortar stores.Jana Liptáková, 8. Oct 2020, at 8:35

Industrial and logistics premises have also been erected outside the most popular region of western Slovakia, like this one near Košice.

Higher demand extends work time at USSK

The situation in the European steel market remains challenging.Jana Liptáková, 1. Oct 2020, at 18:17

Work hours are extended at the coated products division.

The central bank is optimistic about this year's economic growth

The forecast for next year’s GDP development is slightly worse, though.Compiled by Spectator staff, 30. Sep 2020, at 17:43

NBS governor Peter Kažimír

Analysts are optimistic. They say economy may grow after this year's fall

Slovak economy is expected to fall in constant prices by 7 percent this year, the latest prognosis suggests.Compiled by Spectator staff, 29. Sep 2020, at 17:24

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Slovakia gears up for a new highway toll system

The controversial contract for the current system will terminate at the end of 2022.Jana Liptáková, 28. Sep 2020, at 14:05

Trucks have been paying for kilometres driven on selected roads across Slovakia for 10 years.

BUSINESS FOCUS: Pandemic changes plans of American investors in Slovakia

Slovak-US relations, impacts of the COVID-19 pandemic on US companies in Slovakia and the story of the first factory for electric car batteries in Slovakia are among the highlights of the latest Business Focus.Compiled by Spectator staff, 28. Sep 2020, at 7:56

Amazon’s returns centre in Sereď is an example of a successful US project in Slovakia.

A piece of good news: Slovak economy may not fall as steeply as expected

The second pandemic wave poses some risks, though.Compiled by Spectator staff, 23. Sep 2020, at 11:36

Finance Minister Eduard Heger

The coronavirus crisis keeps reducing numbers of foreign workers

Ukrainians and Serbians create the most numerous groups.Compiled by Spectator staff, 21. Sep 2020, at 18:00

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Today in Slovakia

News digest: Complaints about coronavirus restrictions and raid against corruption

The overview of news from Slovakia from September 14, 2020.Compiled by Spectator staff, 14. Sep 2020, at 17:04


Pandemic has changed the tax calendar in Slovakia. Here is what you need to know

The deadline for filing tax returns has finally been set.Jana Liptáková, 10. Sep 2020, at 20:13

Worse than the financial crisis: Economic recession and the very first drop in wages

Why wages did not fall during the previous crisis.Jozef Tvardzík9. Sep 2020, at 14:09

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