Germany’s Nordzucker is closing the Považský cukor sugar factory  in Trenčianska Teplá, leaving Slovakia with only one sugar factory out of the ten that existed in 1989. Another German company, Südzucker, plans to increase output by 20–30% at its plant in Sereď. Nordzucker will convert its site into a logistics center for Slovakia and southeastern Europe. Half of the 200 employees will lose their jobs. The closure is attributed to falling sugar prices in Europe and declining

Porsche  unveiled its new €1bn plant in Horná Streda near Trnava. The highly automated battery‑module facility for the electric Cayenne SUV uses 362 robots and automated guided vehicles. The current automation rate is 95%, with a design target of up to 98%. It assembles battery cells supplied by LG Energy and serves as the “mother factory” for Volkswagen’s battery division. The adjacent body shop is 91% automated, with 430 robots. ( chosun.com , ams.com )

The state FDI agency Sario brokered €439m in investments last year, down €1.3bn annually , according to its new head Egon Zorád. Last year’s 33 projects are expected to create 3,300 jobs. Zorád stressed that despite tax increases, a deteriorating business environment, and geopolitical tensions, Slovakia remains in contention for Asian investments comparable in scale to Volvo or Jaguar. The agency currently has 69 projects in the pipeline worth €4.9bn that could generate 15,00

Mobis , an automotive supplier and part of the Hyundai Group, plans to begin producing printed circuit boards for electronic systems. The unspecified investment will create 100 jobs. Mobis is building a new hall for brakes and airbags next to the Kia plant in Žilina and recently completed a new factory for electric‑vehicle components in Nováky. These two projects, worth €240m, will create 600 jobs. Once all three investments are completed, the workforce will rise to 2,800. In

Slovakia’s electricity‑sharing system  currently includes 3,340 consumption points and 1,576 production points. A typical example is a household with a photovoltaic system sharing electricity with relatives’ apartments in other regions. Such energy groups can reduce their electricity bills; in a record August 2025, they exchanged 3,800 MWh. ( hnonline.sk )

Slovaks have the highest expectations globally for electric‑vehicle  (EV) range and charging speed, according to PwC’s eReadiness Report 2025, covering 28 countries. Slovaks consider a minimum range of 465 km and a full charge in 19 minutes acceptable, compared with global averages of 406 km and 35 minutes. Up to 90% of EV owners worldwide are satisfied with their cars, and in Slovakia satisfaction reaches 100%. However, 56% of Slovak EV owners would consider returning to gas

SPP‑distribúcia , which operates the local gas‑distribution network, paid out €214m in dividends last year after reporting a net profit of €147m on €459m in sales. The state owns 51% of the company, but it is managed by EPH (Daniel Křetínský and Patrik Tkáč). It remains one of the most profitable companies in Slovakia. ( forbes.sk )

Commercial banks reported declining profitability for the second consecutive year in 2025. According to central bank NBS data, net profit fell 2% to €1.06bn . After a record 2023 (€1.2bn), profits are falling due to a new tax, with the rate dropping from 30% of gross profit in 2024 to 20% this year. Net interest income rose 7% to €2.6bn, but banks sharply increased provisioning by €231m in anticipation of higher non‑performing loans. Operating costs grew 6%, driven by a 13% i

Kia ’s car plant in Žilina is preparing to launch production of the EV2 electric model in February or March and aims to produce 20,000–30,000 units this year. The company expects strong demand to support an increase to 100,000 units annually within two years. In two years, the plant is also expected to produce 80,000 units of the EV4 model. Production of the Sportage SUV will continue. ( hnonline.sk )

New power‑generation sources totaling 132 MW were connected in western Slovakia last year, down 10% annually, with more than 99% coming from small photovoltaic plants. In central Slovakia, new capacity rose 41% to 127 MW, 60% of which was PV. In eastern Slovakia, new capacity fell 7% to 43 MW, almost all PV. Total new capacity increased by 18 MW in 2025 to 302 MW, supported in part by state subsidies to households. ( energie-portal.sk )