Fitch affirmed Slovakia’s A- credit rating with a stable outlook
Fitch affirmed Slovakia’s A- credit rating with a stable outlook. It says Slovakia faces headwinds, with risks including reliance on the...
Robert Fico wants USA to build new nuclear power plant in Slovakia
The only country currently capable of quickly building a new nuclear reactor is the US, according to PM Robert Fico. He believes that...
KBC acquires 365.bank
Belgium’s KBC Bank , owner of ČSOB , has agreed to acquire 365.bank for €761m. J&T Finance Group (Jozef Tkáč and Ivan Jakabovič) is...
Wolters Kluwer has acquired waste management software firm Inisoft
Dutch information solutions provider Wolters Kluwer has acquired Czech waste management software firm Inisoft . In 2023, Inisoft...
Slovaks would not defend their country
More than 70% of Slovaks support their country’s membership in NATO and the EU , according to a Globsec survey. Half of Slovaks perceive...
Slovak house prices at Western European level, but wages lag behind
The average price of residential property in Bratislava stood at €4,380 per sqm at the end of 2024, higher than in Rome (€3,200) but...
Investors have already put €320m in Penta funds
Some 3,300 investors have committed over €320m to funds launched last December by Penta . The funds mirror Penta’s portfolio, which...
Rising costs and uncertainty hindering housing construction
Rising construction costs—mainly labor—and uncertainty about future demand are hindering housing construction , says Pavol Kováčik, head...
€360,000 fine for forming a cartel
PMÚ, the anti-trust authority, has fined five companies a total of €360,000 for forming a cartel in public procurement in the field of...
Share of wages in Slovakia’s GDP rising fast
The share of wages in Slovakia’s GDP rose from 43% in 1995 to 49% last year, the fourth-fastest pace in the EU, an Institute for...
