Pierre Baguette , a producer of baguettes and wraps (Andrej Šmuro and Robert Mego), plans a €20m new plant in Sládkovičovo. It posted net profit of €17.2m on €109.4m in sales in 2024 and will build the plant without bank financing. It is in the early permitting phase and aims to commence production within 18 months of obtaining approvals. Pizza pinsa will be added to the product range. The company employs 600 people and plans to maximize automation at the new facility. ( sme.

The number of shared‑service centers in Slovakia rose from 65 in 2021 to 80 last year, with headcount increasing from 37,000 to 49,000, FDI agency Sario reported. The centers have so far not been relocating to lower-cost countries, and artificial intelligence has yet to trigger job cuts. They are shifting toward higher value‑added activities, hiring fewer fresh graduates and increasingly seeking specialists. The largest centers are operated by IBM, AT&T, Dell, Henkel, and Am

Vosem (Tomáš Spuchliak) is acquiring the ZFP real‑estate fund, with €630m in assets, from the Czech Poliak family. The fund’s Slovak portfolio includes Bory Mall, Forum Poprad, and the Bratislava office buildings Landererova 19 and Blumental. Spuchliak is also in talks to take over an unnamed Bratislava shopping center, two retail parks, and several bakery, flour, and oil‑production plants. He is being financed by the J&T group. Separately, he is selling the indebted Danubi

Asset manager TAM , part of the Tatra Banka group, generated higher returns for clients in its actively managed funds in 2025, but over a 7‑year horizon its performance is similar to that of passive investment platform Finax (Ivan Chrenko and Juraj Hrbatý), according to Index magazine. Both firms have similar fees; the TER is 1.3% for TAM and 1.4% for Finax (various discounts can reduce it to 1.03%). TAM manages €2.6bn in assets and Finax €1.5bn. ( sme.sk ) When investing di

Hungary’s Foreign Minister Péter Szijjártó arranged a meeting between Peter Pellegrini and Russian President Vladimir Putin in Moscow in 2020, according to transcripts of Szijjártó’s phone calls. At Pellegrini’s request, Szijjártó told Russian Foreign Minister Sergey Lavrov that it was “crucially important” for Hungary that the then‑ruling coalition in Slovakia remain in power, and that receiving Pellegrini in Moscow would “greatly help him win the election.” Putin received

Telecom operator Swan (4ka brand; Ondriš brothers) agreed to acquire smaller competitor Slovanet (Peter Máčaj, Ivan Kostelný, Peter Tomášek, Juraj Kováčik, and Martin Magdolen), sources told Živé.sk . Swan will gain 100,000 fixed‑line internet customers and access to fiber‑optic networks serving 100,000 households. Slovanet has a strong position in both the retail market and among businesses and public institutions. Its revenue rose from €39m to €51m in 2017–24, partly due

The government is preparing four packages of measures to stimulate economic growth , Finance Minister Ladislav Kamenický said. The first focuses on deregulation. The government also aims to streamline spending and eliminate state agencies. The final area involves changes to taxes and payroll levies, including a possible increase in the basic income tax deduction for individuals. Details will be presented later. The government will maintain 100% bonuses for work on the abolis

Rent affordability has been improving over the long term, as wages have been rising faster than rents and rent growth has been much slower than the increase in residential property prices. Rents fell sharply during the pandemic and then rebounded after the start of the war in Ukraine. Over the past ten years, they have risen by 28%, less than half the 80% increase in apartment prices. Last year, rents rose by only 2%, below inflation, driven by a drop in mortgage rates that

Ľubomír Andrassy, head of the audit authority NKÚ, urged municipalities in eastern Slovakia not to transfer their assets to the VVS Košice water utility and warned against private companies gaining control of critical infrastructure . Municipalities want to transfer assets because they lack funds for maintenance. Concerns have been raised about the activities of businessman Daniel Krátky at VVS, which Andrassy says risk placing the company under the influence of business inte

For the next 30 days, gas stations will be allowed to sell diesel only directly into vehicle fuel tanks or into a single 10‑liter canister, the government decided. The spending limit for refueling one vehicle will be €400. Self‑service stations and stations unable to comply will be closed. Cars with foreign license plates will pay a higher diesel price than domestic vehicles, based on the average price in neighboring countries. The restrictions, with details to be finalized