Subsidized rental housing will not be cheap
The state in cooperation with private investors will support the construction of affordable rental apartments , PM Robert Fico said. He...
Private hospitals are able to negotiate better deals with health insurers
Smaller and mostly private hospitals are better paid by public health insurance than large state hospitals, says doctors’ labor union...
Foreign copanies account for 52% of output and 28% of employment
In 2022, foreign-controlled enterprises accounted for 52% of value added in the business producers’ market in Slovakia, the 3rd-highest...
Volkswagen plant in Bratislava has favorable labor costs
Volkswagen 's labor unions are still protesting management's plans to close three German plants. Labor costs there account for 15-17.5%...
Government approved plans for new 1,200 MW nuclear power units
The government approved plans for new 1,200 MW nuclear power units in Jaslovské Bohunice with an expected cost of €10bn. The company in...
Unemployment fell to an all-time low
Unemployment fell to an all-time low of 3.8% in October, the labor office ÚPSVR reported. The total number of job seekers, 164,000, was...
Kufland overtook Tesco to become No.2 in Slovakia
Retailer Tesco reported a 5% growth in sales to €1.7bn and 43% growth in net profit to €82m last year. Rival Kaufland increased sales by...
Metrostav favorite to extend highway between Oščadnica and Čadca
NDS, the national highway firm, received two bids in a tender for the extension to four lanes of the 5 km highway between Oščadnica and...
Delays in building industrial parks for Volvo and Winkelmann
The state is late building industrial parks for Volvo near Košice and Winkelmann in Rimavská Sobota and faces €36m in penalties from...
Brantner and SPP invest in municipal waste recycling centers
Brantner and SPP want to invest €40m in a new municipal waste recycling center and incinerator in Lučenec or Hnúšťa. They already have...
