Government is considering reopening the second pension pillar
Labor Minister Erik Tomáš said the government is considering reopening the second pension pillar to help reduce next year’s fiscal...
Online seller of laundry perfumes PUELLAvone keeps expanding
Online seller of laundry perfumes PUELLAvone (Martin Švenk) increased sales by 50% to €30m last year and aims to reach €50m in 2025. The...
Slovak households pay low energy prices
Average household electricity prices in the EU, including taxes, rose 1% annually to €28.72 per 100 kWh in the second half of 2024,...
Too expensive hospital in Bratislava
The government has not explained the high costs of the planned new hospital in Bratislava , €1.5bn including VAT, points out Martin...
Fuel more affordable in Slovakia than ever
The price of Brent crude dropped below $60 per barrel following an unexpected decision by the OPEC+ cartel to increase output, marking...
Slovakia remained world's largest car manufacturer per capita
Slovakia remained the world's largest car manufacturer per capita last year, according to OICA data. Last year, our car output fell by 8%...
Ján Sabol is investing in Uzbekistan
A Slovak company will invest $170m in rapeseed cultivation and bioethanol production in Uzbekistan, President Shavkat Mirziyoyev...
Government okayed tax break for Neuman Aluminium
The government okayed a €1.1m stimulus (tax break) for a €9.7m investment by Austrian automotive parts maker Neuman Aluminium to expand...
Banks increased profits 9% in 1Q
Commercial banks posted a 9.3% year-on-year increase in net profit to €280.4m in the first quarter, NBS reported. The result exceeds the...
Gotion aims to launch production at its new €1.2bn battery factory in September 2026
China’s Gotion aims to launch production at its new €1.2bn battery factory in September 2026. Last week, it applied for an environmental...
