Slovakia has energy cooperation deal with USA
PM Robert Fico signed a nuclear‑energy cooperation agreement in Washington with US Energy Secretary Chris Wright. The agreement is likely to lead to the construction of a 1,200 MW nuclear unit costing €13-15bn in Jaslovské Bohunice, with Westinghouse expected to supply the technology. A key part of the agreement was Fico’s meeting with US President Donald Trump on Saturday. ( hnonline.sk )
Slovakia has strategic fundamentals in place for deploying small modular reactors
Slovakia has the strategic fundamentals in place for deploying small modular reactors in Jaslovské Bohunice, Mochovce, Vojany, and at the U.S. Steel Košice site, according to a study by US‑based Sargent & Lundy for Slovenské elektrárne. Such reactors do not yet exist, but several companies are developing them. The concept is to manufacture them in a dedicated facility and install them rapidly on site, unlike conventional nuclear plants that take decades to build. SE aims to
TPD took over online store Andreashop.sk
Local electronics retailer TPD (Majtán family) took over online store Andreashop.sk from František Vangel on October 10, 2025. Both parties describe the move as a strategic collaboration aimed at preserving the position of Slovak electronics retailers. The Andreashop.sk brand will continue, but TPD has assumed responsibility for logistics. The new owner has discontinued the Andrea GO service, which offered free delivery for €12 per year. The electronics market is consolid
Labor market cooling down
The net labor market index , measuring the gap between companies planning to hire and those planning to cut jobs, stands at -3 in 1Q26, according to ManpowerGroup. The index was last negative in 1Q21. IT, manufacturing, retail, and logistics are the most pessimistic sectors, while construction and real estate firms plan to hire. Slovakia is the only one of the 41 surveyed countries with a negative index. ( hnonline.sk )
Government wants to restart production at Slovalco
The government wants to restart production at the Slovalco aluminum smelter in Žiar nad Hronom, PM Robert Fico said. He aims to persuade the European Commission to grant a 4-5-year exemption from emission allowances. Given Fico’s poor standing in the EU, approval will be politically and procedurally difficult, making short‑term solutions such as subsidizing electricity prices or offering tax breaks more likely—though these also require EU approval. Slovalco, owned by Norsk H
Car production in Slovakia rose by 76,000 units last year to 1.07m
Car production in Slovakia rose by 76,000 units last year to 1.07m, the automotive association ZAP reported. Output remained 40,000 below the 2019 record, when Slovakia operated only three car plants. The country remains a global leader with 196 cars produced per 1,000 inhabitants. Production is expected to stagnate even after the opening of Volvo’s new plant near Košice, reaching around 1.08m in 2027. ZAP warns that output could decline sharply in the coming years due to a
Slovakia is 9th-worst in spending EU funds
Slovakia spent €1.6bn of its €12.6bn EU fund allocation for the 2021-27 period by the end of last year, the Finance Ministry reported. This is the 9th-lowest share in the EU , placing the country at risk of losing hundreds of millions this year. ( pravda.sk ) EU fund spent in neighboring countries as of January 12 and total allocation: spent allocation Czechia 26.2% €21.1bn Poland 15.7% €75.5bn Hungary 15.8% €21.0bn Slovakia 13.6% €12.6bn Austria 11.1% €1.1bn ( cohesiondata
SPP must settle the "Ducký bills"
The Supreme Court ruled that state-owned SPP must settle the "Ducký bills" dating back to the 1990s with Cyprus-based Stroden. The debt, originally valued at €14m, has ballooned to €37m due to accrued interest. The ruling overturns a 2022 Bratislava Regional Court verdict. The bills were issued by former SPP director Ján Ducký, who was assassinated in 1999, to Sezooz and later used as loan collateral. SPP, which contests the validity of the bills, plans to file a special app
Campaign againts self-service checkouts
A campaign opposing self-service checkouts is gaining traction across social media and disinformation circles. While customers are demanding personal service—popularizing the slogan "I'm not a temp, I'm a customer"—retailer data indicate that the adoption of self-service terminals is steadily rising. These checkouts now account for more than half of all payment transactions at major retail chains. ( tvnoviny.sk )
Slovaks command highest earnings among foreigners in Czechia
Slovaks employed in Czechia command the highest average earnings among foreign workers , according to data from ispv.cz . The median salary for a Slovak worker stands at €2,058, surpassing the €1,753 median for a domestic Czech employee. The top 10% of Slovak earners receive an average salary of €4,775 compared to €3,499 for the same category of Czechs, suggesting Slovak professionals are particularly successful in high-value-added sectors. ( trend.sk )
