Low investments hinder economic growth
Slovakia stopped catching up with Western European living standards lately, partly due to low investment levels , with governments...
PM Robert Fico wants to radically reduce the number of political parties
PM Robert Fico wants to “ radically reduce the number of political parties ” by increasing the threshold for entering parliament. He...
New river port in Bratislava
State-owned Verejné prístavy is set to take out a 5-year loan of €165m at 4.9% interest from ČSOB shortly, which it would use to purchase...
PZP insurance policies getting more expensive
Transport insurance policies , including compulsory PZP and accident motor insurance, were 16.1% more expensive annually in April, ŠÚ...
Current government already signed €1.8bn in weapons contracts
The current government already signed €1.8bn in weapons contracts , public sector contract registry CRZ data compiled by Zastavme...
Ammunition firm VOP Nováky among the most profitable firms
Ammunition firm VOP Nováky (Michal Strnad) nearly doubled its net profit and sales last year to €92m and €259.8m, respectively. High...
Wasteful subsidies to affluent households
Only €1.4bn of the €4.3bn spent annually by the state on social benefits goes to the poorest 30% of families, according to fiscal...
Number of clients visiting Slovak spas rose 3% to 173,000 last year
The number of clients visiting Slovak spas rose 3% to 173,000 last year, of whom 152,000 were Slovaks, and 39% had their stay covered by...
Local villages agreed to €1.8bn pumped storage hydroelectric power plant in Málinec
The Environment Ministry signed a memorandum with the mayors of 17 municipalities, including Málinec and Látky, on cooperation in...
Pressburg Mint expanding rapidly
Pressburg Mint (Behul family) is looking for investors to support further expansion. Its sales jumped from €22m in 2022 to €78m in 2024,...