Jaguar Land Rover’s Nitra car plant with lower sales as well as profits
Jaguar Land Rover ’s Nitra car plant reported a 48% drop in net profit to €4.7m in the financial year ending March, with sales falling...
Agel is investing €150m in its hospitals in eastern Slovakia
Agel (Tomáš Chrenek) is investing €150m in its hospitals in eastern Slovakia. Of that, €40m has already been spent on the Agel Košice...
LeasePlan and ALD Automotive merged to form Ayvens
LeasePlan Slovakia and ALD Automotive Slovakia merged to form Ayvens Slovakia, following ALD Automotive’s acquisition of LeasePlan....
László Gyurovszky’ firms are doing well
SAM Industries (László Gyurovszky), which produces technologies for the chemical sector, quadrupled its net profit to €9.6m last year...
Slovaks’ financial wealth doubled in a decade
Slovaks’ financial wealth stood at €21,530 per capita at the end of 2024, according to Allianz’s Global Wealth Report . In addition to...
Kofola to maintain profitability despite new tax on sweetened beverages
Czech beverage company Kofola will pay €15m in tax on sweetened beverages this year, says its owner Jannis Samaras. The tax caused a 20%...
Swiss Life Select expands in Slovakia
Swiss Life Select , a financial broker with Czech capital, is acquiring its smaller competitor MPS (Marek Dobiaš). Swiss Life Select’s...
Podtatranská took over the business of indebted Podtatranská hydina
Poultry processor Podtatranská (Ján Kyseľ) reported revenues of €54.6m last year, up from just €2,600 in 2022. Media reports said it...
Electric vehicle sales growing rapidly
New car sales in the EU stagnated at 7.2m units in January–August, according to ACEA. Electric vehicle sales jumped 25%, making up 15.8%...
High taxes reduce economic growth
The Finance Ministry and the central bank NBS presented their macroeconomic forecasts, with both institutions predicting GDP growth of...
