US slap massive tariffs
US President Donald Trump announced much higher and broader tariffs than expected and unleashed a global trade war. He set the minimum...
State will save on D3 highway
A Váhostav/Metrostav consortium submitted the lowest bid for D3 highway near Žilina, of €398m. The state expected €498m. The consortium...
Property prices doubled over seven years
The average price of apartments in regional capitals topped €3,000 per sqm in February and has doubled over the past seven years, RÚ...
Kronospan will not get €36m subsidy because of Huliak
Duslo, Wienerberger, OFZ and Kronospan have met the conditions of the May 2024 Recovery Facility call for decarbonization projects...
Penta increased its net profit by 29% to record €621m
The Penta investment group (Jaroslav Haščák and Marek Dospiva) increased its net profit by 29% to a record €621m last year. Its return...
Slovakia has higher labor costs than Czechia
Slovakia had the 11th lowest labor costs in the EU last year, while its 2016 figure was the 8th lowest, Eurostat data show. Slovakia...
Slovak government will ask the EU for massive aid for its car industry
In response to US tariffs on EU cars, the government will ask the EU for massive aid for the car industry instead of massive defense...
Slovakia is the 4th poorest country in the EU
Slovakia is the 4th poorest country in the EU, if you believe Eurostat’s data on GDP adjusted for purchasing power standards. In 2024,...
Property prices 8% higher annually in 4Q24
The residential property prices accelerated the pace of annual growth to 7.9% in 4Q24, ŠÚ reported on the basis of contracts from the...
USA slapped tariffs, Slovak economy will suffer
US President Donald Trump slapped 25% tariffs on cars and car parts coming into the US in a move that threatens to widen the global...