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
Radar cameras used by Soitron could be remotely controlled from Russia
Radar cameras used by Soitron to test its €22m traffic‑violation detection system were Russian‑made devices containing a hidden 3G/4G communication module, according to an analysis by the National Security Authority. The module enabled commands from 12 phone numbers with Russian area codes and allowed remote control of the camera. The device’s security feature designed to ensure the use of trusted software had been disabled. Both cameras have now been dismantled. (zive.sk)
Ikea Industry had to pay back taxes
Furniture maker Ikea Industry, with five plants in Slovakia, signed an agreement with the tax authority FS and paid millions of euros in additional income tax following a successful lawsuit against FS regarding transfer pricing. The company generated a profit only twice between 2015 and 2025, posting a cumulative loss of €213m. It only sells to sister Ikea plants in other countries. The legal dispute pertained to 2010-11, for which FS originally levied a tax surcharge of €3.3
Nippon Steel is considering closure, sale, or modernization of its Košice steel mill
Nippon Steel is considering the closure, sale, or modernization of its Košice steelworks, according to HN sources. "If it cannot find a way to modernize the plant in cooperation with the state, it will consider whether to keep it operating," confirmed Environment Minister Tomáš Taraba. Following its acquisition of U.S. Steel, the Japanese owner is prioritizing its American operations. It previously outlined a plan in Košice to build a new electric arc furnace with an annual c
lovakia attracted only €7m in venture capital in 2025
Slovakia attracted only €7m in venture capital last year (0.005% of GDP), the lowest in Europe, Invest Europe data show. The CEE regional average reached 0.09% of GDP and the EU average was 0.6%; neighboring Czechia raised €275m. Over the past five years, an annual average of €190m flowed into 26 Slovak companies. CEE-focused funds raised 21% more capital last year than their five-year average. (dennikn.sk)
eustream again demanding 70% increase in gas transit fees
Gas pipeline operator eustream, controlled by EPH, is proposing a 70% increase in gas transit fees starting in January 2027. It had requested the same increase for 2026, but utilities regulator ÚRSO approved only a 10% rise. eustream cites a sharp decline in gas shipments, which means the fixed costs of maintaining its massive infrastructure are spread over a much smaller volume of transported gas. After its price proposal was rejected, the company announced layoffs of 120 em
Romania’s euShipments acquired Slovak fulfillment operator FHB
Romania’s euShipments Group (formerly Helpship), a leading CEE eCommerce logistics provider majority‑owned by Austrian Post, acquired a 100% stake in Slovak fulfillment operator FHB Group from Ľubomír Fogaš and Peter Horník. The company’s management will remain in place, and the deal’s financial terms were not disclosed. euShipments is active in Slovakia through Swiss Point Data, which it acquired in 2024 and which posted a €0.2m net profit in 2025 after lifting revenue 55% t
Slovak Apple products retailer iStyle is in dire straits
When Slovak Apple products retailer iStyle, part of the international Midis group, acquired larger rival m:zone (Branislav Rentka) in 2023, the plan was to raise the combined company's revenue to €85m in 2024 from the two firms' 2022 revenue of €77m. Reality has proven much worse: iStyle's loss widened 51% to €1.4m last year, and revenue fell 26% to €25.3m. Management attributes the poor results to excess staffing, differences in corporate culture, a lower-than-expected trans
Government to install Russian speed cameras
New stationary speed cameras purchased by the Interior Ministry for Slovak roads are actually Russian-made and merely marketed as a European product, daily N reports. The devices are Cordon systems from Russian company Simicon. The Interior Ministry denies the Russian origin, considers the risk of data leaks to be zero, and continues installing the cameras on roads. Russian-made cameras would pose a major security risk, as Russia could gain access to information on the moveme
