Marius Pedersen is selling its Slovak and Czech branches
Danish waste‑management company Marius Pedersen , which is selling its Slovak and Czech branches, has received initial non‑binding offers and will finalize a shortlist of investors within two weeks. Strategic investors (Veolia, Remondis, FCC, Ave) as well as financial ones (Wood&Co) are reportedly interested. The deal is estimated at €0.5–1bn. Last year, the two branches reported combined revenues of €400m and EBITDA of €114m. The sale is driven by tightening waste legislatio
State is ready to provide subsidies for US Steel Košice investments
Environment Minister Tomáš Taraba held talks with Japan’s Nippon Steel on state support for modernizing its Košice steel mill. “We can find support for the rational decarbonization of U.S. Steel Košice,” he said. Changes are likely to the original plan to replace coal with electricity in two of the three blast furnaces. Taraba said the original plan would have sharply increased production costs and required a new 400–500 MW power plant. The state had been prepared to provide
Robert Kaliňák has strong business ties to Jaroslav Strnad
Peter Šimko, legal representative of two companies owned by Defense Minister Robert Kaliňák and his long‑time associate, owns 49% of Kaumy through his Austrian company Pann. Kaumy owns several food companies. The remaining 51% is held by Jaroslav Strnad , from whom Slovakia purchases military equipment and with whom Kaliňák signs contracts. Šimko says he and Strnad have known each other for years and therefore do business together. Kaliňák denies any conflict of interest, ev
Deutsche Telekom IT Solutions hiring again in Košice
Deutsche Telekom IT Solutions laid off 150 of 3,800 employees at its Košice branch last summer. These were lower value‑added positions, some replaced by AI and others moved to India. The company is currently hiring 100 senior‑level employees. ( sme.sk )
Nordzucker is closing Považský cukor sugar mill
Germany’s Nordzucker is closing the Považský cukor sugar factory in Trenčianska Teplá, leaving Slovakia with only one sugar factory out of the ten that existed in 1989. Another German company, Südzucker, plans to increase output by 20–30% at its plant in Sereď. Nordzucker will convert its site into a logistics center for Slovakia and southeastern Europe. Half of the 200 employees will lose their jobs. The closure is attributed to falling sugar prices in Europe and declining
Porsche unveiled new €1bn highly automated plant near Trnava
Porsche unveiled its new €1bn plant in Horná Streda near Trnava. The highly automated battery‑module facility for the electric Cayenne SUV uses 362 robots and automated guided vehicles. The current automation rate is 95%, with a design target of up to 98%. It assembles battery cells supplied by LG Energy and serves as the “mother factory” for Volkswagen’s battery division. The adjacent body shop is 91% automated, with 430 robots. ( chosun.com , ams.com )
Sario brokered €439m in investments last year, down €1.3bn annually
The state FDI agency Sario brokered €439m in investments last year, down €1.3bn annually , according to its new head Egon Zorád. Last year’s 33 projects are expected to create 3,300 jobs. Zorád stressed that despite tax increases, a deteriorating business environment, and geopolitical tensions, Slovakia remains in contention for Asian investments comparable in scale to Volvo or Jaguar. The agency currently has 69 projects in the pipeline worth €4.9bn that could generate 15,00
Mobis expands in Slovakia
Mobis , an automotive supplier and part of the Hyundai Group, plans to begin producing printed circuit boards for electronic systems. The unspecified investment will create 100 jobs. Mobis is building a new hall for brakes and airbags next to the Kia plant in Žilina and recently completed a new factory for electric‑vehicle components in Nováky. These two projects, worth €240m, will create 600 jobs. Once all three investments are completed, the workforce will rise to 2,800. In
Electricity‑sharing system grows in popularity
Slovakia’s electricity‑sharing system currently includes 3,340 consumption points and 1,576 production points. A typical example is a household with a photovoltaic system sharing electricity with relatives’ apartments in other regions. Such energy groups can reduce their electricity bills; in a record August 2025, they exchanged 3,800 MWh. ( hnonline.sk )
Slovaks have the highest expectations globally for electric‑vehicle range and charging speed
Slovaks have the highest expectations globally for electric‑vehicle (EV) range and charging speed, according to PwC’s eReadiness Report 2025, covering 28 countries. Slovaks consider a minimum range of 465 km and a full charge in 19 minutes acceptable, compared with global averages of 406 km and 35 minutes. Up to 90% of EV owners worldwide are satisfied with their cars, and in Slovakia satisfaction reaches 100%. However, 56% of Slovak EV owners would consider returning to gas
