Veolia is acquiring Slovak assets of Engie
The anti‑trust authority PMÚ is reviewing a deal in which French group Veolia is acquiring the Slovak assets of another French group, Engie , specifically Engie Services, Račianska teplárenská, and Prvá ružinovská spoločnosť. ( antimon.gov.sk ) Engie is selling its Slovak business to focus on more promising markets. UniCredit Bank is advising on the sale.
Police are still investigating whether Peter Kažimír received €1.5m from Jozef Brhel for a villa in France
The tax authority FS imposed €1.3m in back taxes on Allexis (now All Soft Corp) in 2024. The company was previously owned by Michal Suchoba and Jozef Brhel . The Specialized Criminal Court recently handed Jozef Brhel and his son short, suspended sentences and a €2.7m fine for overpriced FS IT systems. Police are still investigating suspicious financial transfers from Brhel to NBS Governor Peter Kažimír. Kažimír was finance minister at the time of the overpriced IT contracts,
Slovakia has the 6th‑highest fertility rate in the EU
Slovakia had the 6th‑highest fertility rate in the EU in 2024, Eurostat reported. The EU average was 1.34 live births per woman, the lowest since 2001. Bulgaria recorded the highest rate (1.72), followed by France (1.61) and Slovenia (1.52). Malta had the lowest (1.01), followed by Spain (1.10) and Lithuania (1.11). Fertility rate: 2024 2014 Slovakia 1.46 1.37 Hungary 1.41 1.45 Czechia 1.36 1.53 Austria 1.31 1.46 Poland 1.14 1.32 ( Eurostat )
Slovnaft closer to permits for its €320m incinerator
An assessment commissioned by the Environment Ministry as part of the EIA process for a waste incinerator at the Slovnaft refinery recommended approving the project. Slovnaft plans to invest €320m in the incinerator, which would have a capacity of 220,000 tons per year. Critics fear waste imports from Hungary and increased pollution, while supporters argue it would reduce landfilling and strengthen energy security. Bratislava is modernizing its nearby incinerator, increasing
Some 10,000 students enrolled in dual‑education system
Only 8% of secondary vocational school students in Bratislava are enrolled in the dual‑education system , which has been in place for ten years, compared with 18% in Košice. In total, the system includes 10,000 students and 1,347 companies, and participation is gradually increasing. Companies complain that the state subsidy, currently €1,100 per year, covers only part of their costs. ( hnonline.sk )
Michal Strnad pays Robert Kaliňák
Defense Minister Robert Kaliňák does not consider payments from Fingood to the Kallan Legal law firm a conflict of interest. Kaliňák is the majority owner of the firm, and Fingood belongs to arms manufacturer Michal Strnad , whose companies receive major contracts from the Defense Ministry. Since 2021, Fingood has been paying €80,000–120,000 annually for “analysis of the Slovak legal environment,” and the payments continue even though the company has never operated in Slovak
Apartment construction lowest since 2004
Only 14,300 apartments were completed in Slovakia last year, the lowest number since 2004 , ŠÚ reported. This represents a 19% annual decline and a 25% drop compared with the 2015–24 average. Bratislava recorded the steepest decline at 46%. Construction starts fell 1% annually to 15,100, a 26% drop from the ten‑year average. The shortage of new housing is one factor driving residential property prices higher. ( hnonline.sk )
Weak labor market pushed average wage to €1,620 in 2025
Real wage growth slowed to 2.2% last year from 3.7% the year before, while nominal wages rose 6.3%, the slowest pace since 2020, ŠÚ reported. The average wage reached €1,620 . ( teraz.sk ) Unemployment rose to 5.4% last year from 5.3% in 2024, ŠÚ said. In 4Q, it reached 5.6%, the highest since late 2023. Employment fell 0.4% for the full year after a 0.8% decline in the last quarter. ( sme.sk ) The minimum wage will rise to €972 next year from the current €915, as the law
Štefan Czucz’s Starland Holding is building Park City Triblavina for 50,000 people
Štefan Czucz ’s largest current project is the Park City Triblavina residential district near Chorvátsky Grob for 50,000 people. It is being developed by Starland Holding, where Czucz has been the final beneficiary since at least 2022. He is collaborating on part of the project with Sempera (Július Strapek). Czucz also owns developer CZ Slovakia, a 45% stake in Strabag Property and Facility Services (annual revenue €18m), and a stake in Damian Jasna Hotel Resort & Residences.
France’s Spie acquired 100% of Invizo
France’s Spie , a provider of technical services in energy and data transmission, acquired 100% of Invizo , a security‑systems specialist, from Ladislav Jurana and Mária Milly. Spie is already active in V4 markets through its subsidiary Spie Elektrovod. Both Slovak companies will continue operating independently, and Invizo will retain its current management. Spie has already acquired Edwin in Slovakia and is considering further acquisitions. ( trend.sk ) Invizo reported a ne
