ZAP: Slovakia’s Car Output also Exceeded Million Threshold in 2016

Slovakia's automotive industry exceeded the one million threshold in terms of car output also in 2016, representatives of the Slovak Automobile Industry Association (ZAP) told a news conference on Tuesday.

SNS in Favour of Closing Shops on Public Holidays

Work on public holidays - unless required for the essential personnel such as fire-fighters, police officers and doctors - is equivalent to modern-day slavery, and the supra-national retail chains are typically the slaveholders, according to the Slovak National Party (SNS).

Analysts Predict Inflation to Pick Up Pace in 2017

The annual 0.5-percent drop in consumer prices in 2016 represents a mild deepening of deflation following a drop in prices by 0.3 percent on the year in 2015, Slovenska Sporitelna analyst Katarina Muchova said on Friday.

Kia Made Nearly 340,000 Cars and Record-high 612,000 Engines in 2016

Kia Motors Slovakia produced a record-high 612,900 engines, which represents an annual rise of 5 percent, along with a total of 339,500 passenger cars in 2016, TASR learnt from the car plant's spokesman Jozef Bace on Thursday,

Ersek and RegioJet Don’t Agree, Latter Dropping Bratislava-Kosice Route

Bratislava, January 11 (TASR) - The Transport and Construction Ministry didn't come to an agreement with private carrier RegioJet at its meeting on Wednesday, and the Czech company will therefore stop serving the Bratislava-Kosice...

Fico: We’ll Change Criteria for Rental Flats and Increase EKS Threshold

Bratislava, January 11 (TASR) - The Government wants to change the parameters concerning the construction of rental flats and to adjust the thresholds that oblige towns and villages to make purchases via the electronic...

Slovak Bee-keepers Unable to Cover Honey Demand, It Must Be Imported

Bratislava, January 10 (TASR) - Honey consumption in Slovakia has increased to such an extent that Slovak bee-keepers aren't able to cover the demand for it, and Slovakia has to import honey from abroad,...

Tripartite Agrees with Closing Shops on Public Holidays

Bratislava, January 9 (TASR) - Shops should be closed on public holidays in Slovakia, thereby increasing the annual amount of free days for people working in retail from the current 3.5 to 15.5, according...

Kazimir: Dijsselbloem Should See Out Term as Eurogroup President

Bratislava, January 9 (TASR) - Jeroen Dijsselbloem is carrying out the job of Eurogroup president in an excellent manner, so his successor will have a tough act to follow, Slovak Finance Minister Peter Kazimir...

Fico: Slovakia to See Balanced Budget after Government Meets Its Priorities

Bratislava, January 9 (TASR) - Even though the goal of posting a balanced budget is scheduled only for 2019, Slovakia has full control over its deficit and is meeting all rules, Prime Minister Robert...

Slovak Foreign Trade Posted Surplus of €3.5 bn in January-October

Slovakia's foreign trade produced a surplus of €3.503 billion for January to October 2016, which was €463.5 million higher than the surplus recorded over the same period of 2015, the Slovak Statistics Office reported on Monday.

Trencin and Ruzomberok Mayors Ask Minister for IC Train Stops

Trencin mayor Richard Rybnicek is sending an open letter to Transport, Construction and Regional Development Minister Arpad Ersek (Most-Hid) requesting that he should reconsider the decision to stop providing Trencin and the towns of Ruzomberok and Liptovsky Mikulas (Zilina region) with the state-run InterCity (IC) train service, TASR learnt on Thursday.

NBS: Slovak Banking Sector Posted Profit of €634.6 mn at End of 11/2016

Bratislava, January 5 (TASR) - Slovakia's banking sector recorded profits of €634.6 million at the end of November, up by €39.8 million month-on-month and by €38.5 million year-on-year, the central bank (NBS) announced on...

Danko: RegioJet Should Seek Culprit for Failing Business in Own Ranks

Bratislava, January 5 (TASR) - Reintroducing state-run company ZSSK's InterCity trains on the Bratislava-Kosice route has created healthy competition in Slovakia, as private carrier RegioJet previously had an absolute monopoly on this route, stated...

Kazimir Heralds Further Changes to Tax Laws in 2017

A number of changes in taxes that the coalition okayed last year were based on the Government Manifesto and coalition agreements, and more of the kind will follow this year, Finance Minister Peter Kazimir (Smer-SD) has said in an interview for TASR.

Ziga: 29 Investment Projects Worth €930 mn Brought to Slovakia in 2016

Last year saw Slovakia recording its best results in five years in terms of the number of new jobs and their composition, and it appears that its stable and predictable business environment and legislation make Slovakia an attractive country for foreign investors, Economy Minister Peter Ziga (Smer-SD) has told TASR when looking in retrospect at 2016.

Banks and Financials Now Required to Be More Prudent in Loan Provision

Financial institutions need to be more prudent when providing loans now that an amendment to the Consumer Loans Act has taken effect as of January 1.

NKU to Focus on ESO, European Funds and Universities in 2017

Bratislava, December 26 (TASR) - Reform of the ESO public administration system, European funds for informatisation, universities and legal services for the state will be subjects of scrutiny for the Supreme Audit Office (NKU) next year, TASR has learnt from NKU chair Karol Mitrik.

UDZS Approves Revival Plan for Vseobecna zdravotna poistovna

Bratislava, December 22 (TASR) - The Health Care Supervisory Office (UDZS) has approved a revival plan submitted by state-owned health insurer Vseobecna zdravotna poistovna (VsZP), which is expecting a record loss this year, TASR...

Most of PPS Group Detva Employees Support Joining Strike

Employees of engineering company PPS Group Detva (Banska Bystrica region) on Thursday voted in favour of going on strike, according to a statement sent to TASR on the same day.