Kosit secured €226m loan from Tatra banka and ČSOB for acquisitions
Waste management group Kosit, owned by Wood&Co, secured a €226m loan from Tatra banka and ČSOB, to be used for acquisitions, waste management projects and refinancing of existing debt. One of the projects is an expansion of the waste incineration plant in Košice. Kosit posted revenues of €107m and EBITDA of €29m last year. (odpady-portal.sk)
Net Impact of Government’s Pro‑Growth Measures Seen as Zero
The net effect of the government's pro-growth measures on the economy will be zero, as the government has completely failed to grasp the seriousness of the economic situation, said Rastislav Machunka of the AZZZ business lobby group. He singled out the absence of tax cuts among the measures. KOZ labor union chief Monika Uhlerová also does not view the proposed measures as pro-growth. Economy Minister Denisa Saková agrees that the measures will have no impact on economic growt
Dosah desiatok opatrení vlády na ekonomiku bude čistá nula
Dosah desiatok opatrení vlády na ekonomiku bude čistá nula, keďže vláda absolútne nepochopila vážnosť situácie v hospodárstve, hodnotí Rastislav Machunka z asociácie AZZZ vládne prorastové opatrenia. Medzi opatreniami mu chýbajú najmä škrty v daniach. Ani šéfka odborov KOZ Monika Uhlerová predložené opatrenia nevníma ako prorastové. Ministerka hospodárstva Denisa Saková súhlasí, že opatrenia nebudú mať vplyv na ekonomický rast. O znížení daní bude vláda rokovať v septembri, p
Kosit získal 226 mil. € úver od Tatra banky a ČSOB na akvizície
Odpadová skupina Kosit, vo vlastníctve Wood&Co, získala 226 mil. € úver od Tatra banky a ČSOB. Peniaze využije na akvizície, projekty zhodnocovania odpadov a refinancovanie existujúcich úverov. Jedným z projektov je rozšírenie spaľovne odpadov v Košiciach. Kosit vlani vykázal tržby 107 mil. € a zisk EBITDA 29 mil. €. (odpady-portal.sk)
Wia is moving production to Martin
Korean automotive supplier Wia, part of the Hyundai Group, is seeking permits for a €13.1m investment to relocate production of driveshafts and cooling modules for Mercedes-Benz, Hyundai, Kia, and Volvo to a plant in Martin acquired from Danish footwear company Ecco. Production will be moved from its existing facility in Dolný Hričov, where it employs 50 people, with the new site expected to create 150 jobs. A technology center for component development will also be built in
Financial transaction tax caused a 20% drop in inter-company transactions
The introduction of the financial transaction tax last year caused a 20% drop in inter-company transactions in Slovakia's payment system, according to fiscal responsibility council RRZ data. Businesses adapted quickly to the new tax, which sets a maximum charge per transaction and thereby incentivizes firms to reduce the number of payments — through consolidating multiple payments or offsetting mutual receivables. This is one reason the tax has yielded less revenue than expec
Zavedenie dane z finančných transakcií spôsobilo 20% prepad počtu transakcií medzi firmami
Zavedenie dane z finančných transakcií vlani spôsobilo v slovenskom platobnom systéme prepad počtu transakcií medzi firmami o 20%, ukazujú údaje Rady pre rozpočtovú zodpovednosť. Podniky sa tak rýchlo prispôsobili novej dani, pri ktorej je stanovená maximálna výška za jednu transakciu a ktorá tak motivuje firmy redukovať počet platieb. Optimalizácia prebieha spájaním viacerých platieb alebo cez započítavanie vzájomných pohľadávok. Toto je jeden z dôvodov nižšieho ako očakávan
Wia sťahuje výrobu do Martina
Kórejský dodávateľ pre automobilky Wia, súčasť skupiny Hyundai, žiada o povolenia pre 13,1 mil. € investíciu do presunu výroby hnacích hriadeľov a chladiacich modulov pre značky Mercedes Benz, Hyundai, Kia a Volvo do závodu v Martine, ktorý kúpil od dánskej obuvníckej spoločnosti Ecco. Výrobu tam presunie z existujúceho závodu v Dolnom Hričove, kde zamestnáva 50 ľudí, a vytvorí tak 150 pracovných miest. V Martine vybuduje aj technologické centrum na vývoj komponentov. S inšta
Residential property prices grow rapidly
Slovak residential property prices accelerated to 14.4% annual growth in 1Q, the fastest pace since 3Q22 and the 3rd-highest on record, ŠÚ reported based on land registry data. Prices in Bratislava surged by as much as 20%. Demand for both properties and mortgages is being driven by expectations of rising mortgage rates, and analysts forecast a slower pace of price growth for the remainder of the year. (dennikN.sk)
57% of Slovaks feel positive about their jobs
A survey by staffing agencies Grafton and Gi Group found that 57% of Slovaks feel positive about their jobs, with employers estimating the share of satisfied workers at 59%. The most satisfied employees are those under 29 and workers in services. Some 13% are actively looking for new work, while a further 27% are exploring market options. Young workers are the least likely to be seeking new employment. (sita.sk)
