The Ministry proposed a €6.4m incentive (income tax break) for a €58.2m investment of Wia Slovakia (part of the Hyundai group) in a new...

Bánovce nad Bebravou-based dairy firm Milsy, owned by the Aichinger and Mayer families from Austria, is the new owner of the sheep milk...

US firm Whirlpool has completed the sale of its production plants in Europe, Africa, and the Middle East, including the one in Poprad, to...

ÚVO, the public procurement authority, fined the state rail carrier ŽS Slovensko €0.6m in November 2023 for a contract with the software...

The government approved a revision to the Environmental Impact Assessment Act, according to which 90% of investment projects will be...

Slovakia’s hourly labor costs rose from 36% to 54% of the EU average in 2012-23, Eurostat data show. In 2023, the lowest labor costs were...

Slovakia is the EU’s 4th-poorest country, if you believe Eurostat data on GDP per capita in purchasing power standards. Revised data put...

Klein Vision (Štefan Klein) sold a license for its AirCar flying car to Chinese firm Hebei Jianxin Flying Car Technology for several...

Slovakia has the worst long-term sustainability of public finances in the EU, according to the latest European Commission report. The...

Ivan Korčok, a pro-Western diplomat, surprisingly won the first round of the presidential election ahead of Peter Pellegrini, who is...