Matador has bold plans
The Matador group (Rosina family) is changing from an industrial to an investment group and wants to invest in the automotive business...
Slovak car plants are running at 76% capacity, the 2nd-highest figure in Europe
The four Slovak car plants are running at 76% capacity this year, the 2nd-highest after Czechia (84%), GlobalData data show. In 2019,...
EIF to acquire energy supplier Chemosvit Energochem
PMÚ, the anti-trust authority, is reviewing a deal in which investment group EIF (Martin Golis and Peter Kajaba) is buying energy...
Tomáš Chrenek tops Slovakia’s Forbes rich list
The total value of assets of the wealthiest Slovaks in the Forbes rich list rose to €19bn last year from €14.8bn in 2022. The list is...
Real estate prices are up
Real estate prices were higher under an annual comparison in all regional cities in the third quarter, nehnutelnosti.sk data show. They...
Slovakia no longer attractive to foreign investors
Slovakia is one of the least successful countries in the CEE region in attracting foreign direct investment. It lags even behind the...
Kaktus Bike in trouble
Bike retailer Kaktus Bike closed all stores a week ago and its online store is not accepting orders. The company, with a 30-year history,...
U.S. Steel is conducting an internal investigation into suspicious sales of products by its plant in Košice
U.S. Steel is conducting an internal investigation into suspicious sales of products by its plant in Košice, sources tell the N daily....
MSM, part of CSG, to invest €350m in ammunition production in Strážske
MSM , part of Czech group CSG (Michal Strnad), plans to invest €350m in the production of cartridges for large-caliber ammunition in...
Parliament okayed a massive tax hike and Slovakia will pay lower bond rates
All 79 ruling coalition MPs approved a €2.7bn consolidation package to reduce the public finance deficit to 4.7% of GDP in 2025 from...
