Russia linked to foiled attack on Skyeton drone plant near Prešov
Police foiled a planned attack on a drone manufacturing plant in eastern Slovakia and charged three foreign nationals with preparing a particularly serious crime. At the time of the planned attack, 70 employees were on site, and the plant's value runs into the tens of millions of euros. During the operation, police seized a flammable mixture of gasoline and polystyrene commonly known as napalm. Two of the suspects were detained in Slovakia and a third in Germany. Intelligence
STVR Loses €2m as Tipos Cuts Ads Amid Coalition Tensions
The STVR Council criticized state lottery operator Tipos for cutting back advertising on the public broadcaster. It sees political motives behind the move, since Tipos falls under Sports Minister Rudolf Huliak while STVR falls under Culture Minister Martina Šimkovičová. Huliak said Tipos should not be supporting STVR, which has lower viewership than commercial media. As a result, STVR will lose its entire planned €2m in revenue from Tipos this year. (dennikn.sk)
EIF and HBz are acquiring heating utilities TeHo Bardejov and TeHo Topoľčany
The anti-trust authority PMÚ is reviewing a deal in which companies EIF and HBz are acquiring heating utilities TeHo Bardejov, Bardenergy, TeHo Topoľčany and Tome. (antimon.gov.sk) EIF (Martin Golis) is a Slovak investment group that invests in various energy projects. HBz is controlled by Peter Čičmanec. The heating utilities being acquired, with annual revenue of around €30-40m, were originally bought up by the Arca group. After Arca's collapse, the J&T group monetized its
Heat waves hit tomato growers and egg farms
Slovak tomato growers report a 20-30% drop in output due to extreme heat. The problem isn't a lack of water but prolonged high temperatures, including at night, which limit growth and fruit formation. Lower yields and worse fruit quality are already pushing prices up, though growers and retailers alike are resisting price hikes given limits on consumers' purchasing power. Investments in greenhouse cooling are seen as hard to recoup. (sme.sk) Heat waves are cutting egg-laying
Geely to assemble its luxury brand models in Košice
China’s Geely announced plans to assemble models of its luxury brands at Volvo’s European plants starting in 2028. A candidate for production is the new €1.2bn plant in Košice, which will launch production late this year. Media reports indicate it will build the Volvo EX60 and Polestar 7 models, and it could later add Zeekr and Lynk & Co models. The group aims to reduce Europe’s reliance on imports of Chinese‑made cars subject to tariffs. (pravda.sk)
Personal data of corporate executives exposed
Personal data protection authority ÚOOÚ initiated proceedings against the Justice Ministry over the Business Register's new IT system delivered by Tempest, which since August 17 publicly exposes birth identification numbers, addresses, ID card numbers, and signature samples of corporate executives without requiring a login. Defense Minister Robert Kaliňák's signature, for example, is thus publicly available. The authority emphasizes the data should have been anonymized. Justi
Panasonic carving out its Slovak plants
Japan’s Panasonic agreed to sell its European Power and Battery Control Solutions business, including its manufacturing operations in Slovakia, to US investment firms Midas Atlantic Partners and The Najafi Companies. The carve‑out will allow Panasonic to focus on its core business portfolio. The company has plants in Trstená and Stará Ľubovňa, which generated €567m in sales last year and produce electronics and battery components. Panasonic stressed that it is not closing its
Jaguar Land Rover is considering producing its Defender model in US
UK’s Jaguar Land Rover is considering producing its Defender model in the United States, in one of Stellantis’s plants. The reason is the 15% US tariff applied to car imports from the EU. The Defender is currently manufactured only in Nitra, and of last year’s 115,000 units, about 30,000 were sold in the US. JLR has not yet specified when it will make a decision or how the move would affect capacity utilization at the Nitra plant. (trend.sk)
Business Register allows access to sensitive personal data
The new online Business Register, supplied by Tempest, allows the public to access sensitive personal data in company documents, sources told zive.sk. Anyone can gain access to addresses, birth numbers, signatures and ID numbers simply by altering a verification code. The previous system required digital verification and delivered documents only to an electronic mailbox. Personal data could thus be easily misused for fraud. (zive.sk)
Rising apartment prices and low rents reducing appeal of investment apartments in Bratislava
Rapidly rising apartment prices and slowly growing rents in Bratislava are reducing the appeal of investment apartments. New build prices reach €5,300/sqm and older apartments €4,400, while rent is around €16-19/sqm/month. The mortgage payment for an average apartment is €233 per month higher than comparable rent, according to CBRE. Rental yield cannot compensate for the high price, interest, or other costs. Analysts expect no quick change to this situation. New and older apa
