Share of private food brands rose to an all-time high in 2023
The share of private food brands on store shelves rose to an all-time high of 26.8% last year, according to a survey by the food chamber...
State budget deficit up 69% to €7.7bn
The state budget, the major component of public finances, posted a cash deficit of €7.7bn last year, up 69% annually. The plan was an...
Predictions for 2024
Peter Pellegrini will win the presidential election, which will strengthen Smer and weaken Hlas, predicts the daily N. The ruling...
Largest investments in 2023
The largest investments announced last year included a battery factory of Gotion in Šurany, the expansion of the Porsche plant in Horná...
Coalition managed to pass 2024 state budget
Parliament approved the 2024-26 public finance budget despite the opposition’s obstructions. The coalition rejected the fiscal...
Petergáč, Mokrý, and Kotuliak are moving their IT companies, Datalan and Softip, under Synteca
PMÚ, the anti-trust authority, is reviewing a deal in which Štefan Petergáč, Juraj Mokrý, and Peter Kotuliak are transferring their...
Duslo to invest €120m, half of that will come from the state
Fertilizer maker Duslo signed a contract with the Environment Ministry on a €58m subsidy from the Modernization Fund for its €120m...
Porsche invests in Horná Streda
Car maker Porsche signed an agreement with the Economy Ministry for a €300m investment in Horná Streda, which will create 300 jobs. This...
Parliament approved €2bn fiscal consolidation package
Parliament approved the €2bn fiscal consolidation package of the new ruling coalition. It will raise €357m by increasing health...
Japan's Nippon Steel, the world's 4th-largest steel producer, to acquire U.S. Steel
Japan's Nippon Steel, the world's 4th-largest steel producer, is buying U.S. Steel, which has a steel plant in Košice, for $14.9bn....
