Mobile operator 4ka is negotiating with competitor Orange about network sharing, said its co-owner Juraj Ondriš. It currently uses the Orange network for national roaming and is also negotiating an extension of this agreement. The other two competitors, O2 and Slovak Telekom, already share networks. 4ka is willing to drop technology from Chinese company ZTE, which it currently uses and which Orange finds objectionable. Ondriš estimated that negotiations with Orange could be

Dutch hi-tech cable manufacturer Neways opened a new €28m plant in Nová Dubnica. It will move production from its two existing plants in the city to the new facility and increase its workforce by 400 to 1,100 over two years. Its clients include Dutch ASML, whose lithographic plates are key to the global chip industry. ( openiazoch.sk ) Last year, the company increased its net profit in Slovakia by 53% to €1m and sales by 81% to €31.9m.

Singapore-listed Stoneweg EST sold its portfolio of five logistics and light industrial properties in Slovakia for €71.4m to P3 Czech HoldCo. The disposal will reduce its exposure to Central Europe to 10.4%, down 3%. ( realassets.ipe.com ) This year, Stoneweg EST acquired the European portfolio of Cromwell, namely logistics and industrial properties with an area of 90,000 sqm near Bratislava and Trnava. ( trend.sk )

Slovakia’s gross wages were the fourth lowest in the EU last year, Eurostat reported. The annual full-time adjusted salary in the EU rose by 5.2% to €39,808. It was the highest in Luxembourg (€82,969) and the lowest in Bulgaria (€15,000). Annual full-time adjusted salary: 2024 2015 Austria €58,600 €41,868 Czechia €23,998 €12,396 Poland €21,246 €11,076 Slovakia €20,287 €12,370 Hungary €18,461 €9,735 Over the last decade, Slovakia had the lowest wage growth among the V4 coun

The anti-trust authority PMÚ is reviewing a deal in which Czechia’s Kaumy Group is acquiring baby food and canned food maker Novofruct Nové Zámky. ( antimon.gov.sk ) Owned by Lithuanian group NDX since 2012, Novofruct had been operating at a loss for a long time and last year reported sales stagnating at €16.5m. Kaumy Group is part of CE Industries (Jaroslav Strnad) and focuses on the "healthy" and "functional" food segment.

Investment platform Finax (Ivan Chrenko) is preparing a public sale of shares but will not list them on a stock exchange. It wants to use new capital of €7–9m for further growth in key existing markets such as Slovakia, Poland, and Croatia, as well as for expansion into new markets. It plans to enter the Balkans with passive investments in ETF funds and will offer a European pension product (PEPP) in Western Europe. It manages assets worth €1.3bn for 100,000 clients. It valu

French group Engie is selling its business in Slovakia as it shifts focus to more promising markets, sources told seznamzpravy.cz . The sale covers several entities operating heating plants, distribution networks, and facility management across the country: Engie Services, Prvá ružinovská spoločnosť, Račianska teplárenská, LMT, TH Moldava, Termming, and Energy Distribution. UniCredit Bank is advising on the sale and has already received offers. The price is expected to range

While the Slovak economy grew at twice the EU average between 2000 and 2008, after 2015 the catching up with Western European living standards almost stopped , and Slovakia now ranks at the bottom of the V4 countries, according to an analysis by the central bank NBS. Instead of GDP growth, price growth accelerated; the price level here is 81% of the EU average, but household incomes are only 73%. The economy is unable to transition to higher value-added production, as the gov

Chinese aerogel materials manufacturer IBIH Advanced Materials plans to build a plant in Trnava. It leased premises in the local CTP park, but the investment amount was not disclosed. Aerogel materials are used as heat insulators in healthcare or EVs. ( trnava-live.sk )

Monthly car exports from Slovakia to the US averaged €187m in June–August, compared with €324m a year earlier, ŠÚ reported. The decline was caused by US tariffs, 25% since April and 15% since August. Total car exports from Slovakia in 1–3Q remained at last year’s level despite the Jaguar Land Rover plant in Nitra halting production in September due to a cyberattack. Slovak plants have apparently found new markets. ( dennikN.sk )