Danish waste group Marius Pedersen  is selling its Slovak and Czech branches. Consulting firm KPMG is assisting with buyer selection. The deal is planned for completion in 2Q26. In Slovakia, Marius Pedersen increased net profit by 10% to €7.3m last year, while revenue grew 13% to €73.2m. In both countries, it ranks No.2 on the market behind AVE group, controlled by Daniel Křetínský's EP Industries and Karel Pražák's Kaprain. The business is expected to change significantly by

Patient throughput has declined significantly in recent years, and if the trend continues, the hospital will be forced to make substantial layoffs, said Alexander Mayer, CEO of Slovakia's largest hospital, state-owned UNB Bratislava . The hospital, with 6,000 employees, continues to accumulate significant debt, partly due to generous doctor salaries. It receives €23.5m a month from health insurers and spends €4.8m more. It has long failed to pay payroll levies and does not pa

Paper mill SHP Harmanec (Milan Fiľo) plans to invest €200m in a new plant that will double output to 75,000 tons annually. It currently produces mainly toilet paper, but output will diversify. Construction will begin next year and the plant should be fully operational within three years. Another 150 employees will be added to the current 450. In 2023–24, the mill reported net profit of €12m and annual sales of about €100m. SHP Group operates in six European countries with an

Slovak-US startup Tachyum  (Radoslav Danilák) announced it secured $220m from a European investor to develop its new chip. The unspecified investor also committed to purchasing chips worth $500m. The chip is designed to boost AI performance and reduce costs for large language models (LLM/AI). Tachyum has raised $300m to date and plans to go public "potentially as early as 2027." The processor has been in development for nearly a decade. ( forbes.sk )

Fitch Ratings upgraded eustream ’s IDR rating to 'BBB+' from 'BBB', with a stable outlook. The upgrade reflects an improved business profile and capital structure at eustream, controlled by EPH. After the halt in Russian gas flows, eustream transitioned to a national, regulated gas transmission operator, which has greater debt capacity than an international transit operator. Repayment of the 2025 bond and the European Investment Bank loan halved its gross debt. Limited gas fl

UK’s Haleon is investing €55m in its toothpaste plant in Levice. Since last year, it has been transferring production from its UK plant and building a product development center there. This year, the plant is increasing production of brands such as Sensodyne, Paradontax, and Aquafresh by 25%. Last year, the plant reported a 38% increase in net profit to €11.2m thanks to an 8% increase in sales  to €244m. ( trend.sk )

The tax authority FS presented measures to combat tax evasion . It wants to encourage people to ask retailers for receipts. Those who collect receipts of a certain value could receive a one-percentage-point reduction in their income tax rate. Following the introduction of the financial transaction tax, cash payments became more popular, and tax intake in the construction sector fell by €80m annually this year, and in accommodation services by €40m. Another measure could be a

The Žilina Kia car plant will increase production of electric vehicles to 180,000 units by 2027, tripling its original plan, Automotive News reported . The plant invested €108m to prepare for EV production and recently launched the EV4 model. It says EVs will not lead to job cuts, but rather a gradual qualitative transformation of roles. ( trend.sk )

The central bank NBS fined Prima banka, owned by Penta, €500,000  for advertising savings accounts, which it deemed an unfair commercial practice. The bank advertised only the interest rate, without specifying the conditions for obtaining it. The NBS banned the ad in 2023, but the bank continued using it nonetheless. The fine was imposed in 2024, the bank appealed, and now the NBS has upheld the fine. The bank intends to appeal in courts. ( sme.sk )

Accommodation facilities hosted 808,000 guests in August, up 9% annually and an all-time high . The pre-pandemic August was surpassed by 16,000 guests, ŠÚ reported. Domestic visitors rose 4% to 484,000, while foreign visitors increased 17%. Among foreign guests, Czechs and Poles predominated. Reports that Czechs are avoiding Slovakia due to the political situation have not been fully confirmed. Following the recent Czech elections, relations between both governments are expec