After years of stagnation, the Slovak beer market is recovering
After years of stagnation, the Slovak beer market has risen by 5% annually in both 2017 and 2018. Market leader Heineken, with 42% of the market, posted a 2% sales increase last year. The growth was driven mainly by radlers, but the sale of beer rose too, mainly of premium brands. Heineken is investing €3m in its brewery in Hurbanov this year to a 30% increase in the capacity of its canning line. The consumption of canned beer is growing and the plant not only makes beer for
Slovakia used the 15 years of its EU membership for the fastest economic expansion in the region
Slovakia used the 15 years of its EU membership for the fastest economic expansion in the region. It recorded the highest growth in GDP and wages, as well as the highest fall in unemployment. GDP per capita rose 142% in Slovakia, compared to 125% in Poland, 92% in Czechia and 53% in Hungary. The average wage more than doubled. The economic improvement came on the back of EU and euro zone’s membership, reforms of the Mikuláš Dzurinda government in 2002-06 and the arrival of th
Slovensko zo svojich 15 rokov členstva v Európskej únii vyťažilo najviac z regiónu
Slovensko zo svojich 15 rokov členstva v Európskej únii vyťažilo najviac z regiónu. Zaznamenalo najvyšší rast HDP aj miezd, ako aj pokles nezamestnanosti. HDP na osobu tu stúpol o 142%, v porovnaní so 125% v Poľsku, 92% v ČR a 53% v Maďarsku. Priemerné mzdy sa zdvojnásobili. Za zlepšením ekonomickej situácie boli okrem členstva v EÚ a neskôr v eurozóne aj reformy vlády Mikuláša Dzurindu v rokoch 2002-06 a príchod troch automobiliek. (HN/1)
Slovenský pivný trh po rokoch stagnácie ožíva
Slovenský pivný trh po rokoch stagnácie ožíva—v rokoch 2017-18 rástla spotreba o 5% ročne. Trhový líder Heineken so 42% podielom vlani zaznamenal 2% rast tržieb. Naďalej ho ťahali najmä radlery, rástol ale aj predaj klasického piva, najmä prémiových značiek. Heineken vo svojom pivovare v Hurbanove tento rok investuje 3 mil. € do zvýšenia kapacity plechovkovej linky o 30%. Spotreba piva v plechovkách stúpa a Heineken v Hurbanove plní do plechoviek nielen slovenské, ale aj maďa
Slovnaft is launching €67m maintenance of its technology
Slovnaft will launch regular maintenance of its technology on Friday, investing €67m. It says the maintenance, during which oil processing falls considerably, has nothing to do with the current stoppage of oil transit via the Druzhba pipeline. It has enough oil in its tanks to last three months. Some analysts say Russia put 0.7m tons of polluted crude oil into the Druzhba pipeline deliberately to punish and weaken Belarus and Ukraine. Both are trying to wean themselves off Ru
Kooperativa has become the largest insurer in Slovakia
Kooperativa, part of the Vienna Insurance Group, has become the largest insurer in Slovakia after last year’s merger with small life insurer Poisťovňa SLSP. Its underwritten premiums are up 32% annually to €620m and its net profit rose 21% to €36.1m. It will distribute 86% of its net profit as dividends. The merged insurer continues to offer bank-insurance products with Erste Group (SLSP bank in Slovakia). Its other priority is digital processes. (vofinanciach.sk)
Slovnaft spúšťa údržbu za 67 mil. €
Slovnaft tento týždeň spustí pravidelnú údržbu výrobných technológií, do ktorej investuje 67 mil. €. Údržba, počas ktorej podstatne klesne spracovanie ropy, bola vopred naplánovaná a nesúvisí s aktuálnymi problémami s dodávkou ropy. Podnik má zásoby ropy na tri mesiace a mal by vydržať zastavenie dodávok ropy cez ropovod Družba. Podľa niektorých analytikov Rusko pustilo do ropovodu Družba znečistenú ropu naschvál, aby potrestalo a oslabilo Bielorusko a Ukrajinu. Obe krajiny s
Kooperativa sa vlani stala najväčšou poisťovňou na Slovensku
Poisťovňa Kooperativa, súčasť Vienna Insurance Group, sa vlani vďaka zlúčeniu s Poisťovňou SLSP stala najväčšou poisťovňou na Slovensku. Predpis poistného stúpol o 32% na 620 mil. € a čistý zisk o 21% na 36,1 mil. €. Na dividendy pôjde 86% zisku. Aj po zlúčení s Poisťovňou SLSP pokračuje spolupráca v oblasti bankopoistenia s Erste Group, resp. s bankou SLSP. Ďalšou prioritou je digitalizácia procesov. (vofinanciach.sk)
Two problematic IT projects
The Office of the Deputy PM okayed six public IT projects. Four smaller projects were greenlit by Slovensko.Digital, a pressure group. They will facilitate the services of the sole traders’ registry and support better business regulation. S.D red-flagged two large projects. The Education Ministry wants to shell out €27m for electronic tracking of school attendance. Most schools have been using private portals providing such services for several years now, rendering the new st
Companies with owners from the global rich list
Many of Slovakia’s largest companies have owners on the global rich list. Daniel Křetínský controls energy firms eustream, Slovenské elektrárne and SSE. Korean firms Kia and Samsung are owned by families represented on the list: Chung Mong-koo (Hyundai) and Lee Kun-hee (Samsung). Hungary’s wealthiest person, Sándor Csányi, owns Mol, which in turn owns Slovnaft. Dieter Schwarz owns retailers Lidl and Kaufland. Georg Schaeffler owns bearings maker Schaeffler with two plants in