Nexis Fibers and Tytex on the brink
Out-of-service energy infrastructure in the Humenné industrial park threatens 300 jobs, warn the labor unions of Nexis Fibers and Tytex...
TV Markíza had a good year
Markíza , Slovakia’s largest TV group, reported record profits and revenues last year. Net profit rose 14% to €27.9m and sales were up...
MSM to produce TNT explosives in Greece
Slovak defense firm MSM , part of the Czech CSG group, is forming a joint venture with Greek state-owned HDS to produce TNT explosives....
Faster zoning changes and swifter permitting would help to cut apartment prices
The €250,000 price of an apartment in Bratislava includes the cost of the land (€50,000) and the 5-year permitting process (€30,000),...
Volkswagen's Bratislava plant is too expensive for production of small electric cars
Volkswagen 's Bratislava plant tried to win production of the electric VW ID.1 model, but despite ranking well in internal VW plant...
Strong labor market
Slovakia’s employment rate among the 20 to 64-year-olds rose to a record high last year and was higher compared to the EU’s average of...
Envien expands in Brazil
Biofuel firm Envien (Ján Sabol, Robert Spišák, Ján Ondruš and Mikuláš Trstenský) acquired a 50% stake in Agropéu Agro Industrial de...
Bratislava is investing €190-250m in waste incineration plant
The city of Bratislava is continuing preparations for a €190-250m investment in the reconstruction of its waste incineration plant . This...
Ecco to close 640-worker plant in Martin
Danish footwear firm Ecco will cease production at its plant in Martin and lay off all 640 employees by the end of the summer. It cites...
Online eyewear store Eyerim keep strong growth
Online eyewear store Eyerim (Yassaman Omidbakhsh and Martin Zahuranec) increased sales by 31% to €17.7m last year. It posted an EBITDA...
