Ammunition firm VOP Nováky among the most profitable firms
Ammunition firm VOP Nováky (Michal Strnad) nearly doubled its net profit and sales last year to €92m and €259.8m, respectively. High...
Wasteful subsidies to affluent households
Only €1.4bn of the €4.3bn spent annually by the state on social benefits goes to the poorest 30% of families, according to fiscal...
Number of clients visiting Slovak spas rose 3% to 173,000 last year
The number of clients visiting Slovak spas rose 3% to 173,000 last year, of whom 152,000 were Slovaks, and 39% had their stay covered by...
Local villages agreed to €1.8bn pumped storage hydroelectric power plant in Málinec
The Environment Ministry signed a memorandum with the mayors of 17 municipalities, including Málinec and Látky, on cooperation in...
Pressburg Mint expanding rapidly
Pressburg Mint (Behul family) is looking for investors to support further expansion. Its sales jumped from €22m in 2022 to €78m in 2024,...
Home construction slumps
Only 3,119 apartments were completed in 1Q in Slovakia, down 24% annually and the lowest figure in nine years , ŠÚ reported. The...
SAP is expanding its Bratislava development center
German software firm SAP is expanding its development center in Bratislava by 45 to 250 programmers. The center is also involved in...
ECK in Bratislava named Slovakia’s best restaurant
ECK in Bratislava (Patrik Tkáč) was named Slovakia’s best restaurant by the French gastronomic guide Gault&Millau. It evaluated 194...
Telecoms regulator launched mobile frequency auction
The telecoms regulator ÚREKPS launched an auction for five mobile frequency bands . Operators will compete for 20-year licenses,...
Star journalists leaving TV Markíza
Following last year’s exit of Michal Kovačič and the recent departure of Viktor Vincze, another star journalist, Gabriela Kajtárová, is...
