Slovakia will never reach Western European living standards
Czechia may reach the average EU standard of living in ten years, but Slovakia may never achieve it , according to fiscal watchdog RRZ....
Finportal became the largest seller of financial products
Finportal became the largest seller of financial products last year, increasing sales by 38% to €60.7m and surpassing long-time leader...
Istrochem closes down
Agrofert (Andrej Babiš) is closing its plant in Bratislava due to poor economic results, with 200 job losses, said Duslo director Petr...
Slovakia has long had low public investment, NBS warned
Slovakia has long had low public investment , although the need for repairs and modernization is growing, the central bank NBS noted. The...
Pierre Baguette had an excellent year
Slovakia’s largest producer of baguettes, sandwiches, paninis and wraps, Pierre Baguette (Andrej Šmura and Róbert Mego), reported a 3%...
Polestar 7 will be made in Košice
Swedish carmaker Polestar will assemble its new electric SUV model at Volvo’s upcoming plant in Slovakia. Volvo and Polestar, both...
Revenues from the new tax on sugary soft drinks are in line with expectations
Revenues from the new tax on sugary soft drinks , introduced in January, are in line with expectations, according to the Finance...
Distributors saw a 24% increase in sales, while pharmacies posted 12% growth last year
Medicines distributors saw a 24% increase in sales, while pharmacies posted 12% growth last year. The largest pharmacy chain, Dr. Max,...
Kia’s car plant in Žilina boosted its net profit by 75% to €683m
Kia ’s car plant in Žilina boosted its net profit by 75% last year to a record €683m. It operated at full capacity, assembling 351,000...
38% of Czechs and 43% of Slovaks have experience with generative AI tools
Only 38% of Czechs and 43% of Slovaks have had at least occasional hands-on experience with generative AI tools , especially younger...
