Stats Office: Average Salary in Industry Up 5.7% Y-o-Y to €984 in January

Bratislava, March 16 (TASR) - The average nominal monthly salary in industry in January 2017 increased on an annual basis by 5.7 percent to reach €984, while the most significant leap in salary was observed in restaurants and pubs - by 11.7 percent to €440, the Slovak Statistics Office reported on Thursday.

Hreha: We’ve Gone Back Ten Years with Water Supply Prices

The price of water supplies remains at the level seen in 2016, water management company serving eastern Slovakia Vychodoslovenska vodarenska spolocnost announced on Wednesday.

Ziga: New URSO Law Presented to Ministries for Comments

Bratislava, March 15 (TASR) - An Economy Ministry-sponsored amendment to the Regulation of Network Industries Act was presented for inter-ministerial comments on Wednesday in order to present it to Parliament later this month, Economy...

Inflation in February Mainly Driven Up by Prices of Foodstuffs

The rise in consumer prices in February was mainly propelled by an increase in the prices of foodstuffs, with an increase in the prices of used vehicles also at play, said analysts on Tuesday in response to the pick-up in inflation in February.

Stats Office: Inflation in Slovakia at 1.2 percent in February

Bratislava, March 14 (TASR) - Year-on-year inflation amounted to 1.2 percent in February, with core inflation standing at 1.9 percent and net inflation at 1.6 percent, the Slovak Statistics Office reported on Tuesday. In February...

Kiska Visits Mondi SCP, Discusses Papermill’s and Liptov’s Prospects

The papermill Mondi SCP in Ruzomberok (Zilina region) regards resolving the region's difficult situation in transportation as key to improving the investment environment in the surrounding Lower Liptov area, Mondi SCP board chairman Miloslav Curilla said after meeting President Andrej Kiska at the plant on Monday.

Slovakia to Intensify Cooperation with Serbia to Combat Illegal Labour

Bratislava, March 13 (TASR) - Slovakia and Serbia should engage in a more intense exchange of information on labour, as it has emerged that a number of Serbians were brought to work in Slovakia...

Report: New Districts to Be Added in Scheme for Underdeveloped Areas

Bratislava, March 12 (TASR) - The number of districts included in the Government's scheme of support for underdeveloped areas could be expanded, according to a report due to be discussed by the Cabinet soon,...

SNS Wants to Introduce Compulsory 13th Salary in Firms in Slovakia

The governing Slovak National Party (SNS) wants to ensure that people who work for a firm at least for one year will get a 13th salary, TASR learnt on Friday.

Pellegrini: Car Industry and Mining among Spheres to Cooparate with Iran

Bratislava/Tehran, March 9 (TASR) - Engineering, mining, the automotive industry and research and development seem to be promising spheres for possible business on the Iranian market for Slovak companies, Deputy Prime Minister for Investments...

URSO Concludes Price Decisions for Main Power Suppliers in Slovakia

The Office for the Regulation of Network Industries (URSO) concluded on Thursday its issuing of price decisions for all significant power suppliers in Slovakia, including the small ones, TASR learnt from URSO spokesman Radoslav Igaz on the same day.

EKS Saves More than €192 million Overall in 61,300 Deals

Bratislava, March 6 (TASR) - More than 61,300 deals have already been contracted as part of the Electronic Contracting System (EKS), with the total price of the goods and services originally reaching almost €822.7...

Amazon to Open New Logistics Centre in Sered

Bratislava, March 6 (TASR) - The American internet commerce company Amazon wants to open its first reverse logistics centre in the Mountpark industrial zone in Sered (Trnava region) and create more than 1,000 jobs...

Lajcak: UK to Remain Close Partner for Slovakia Even after Brexit

Bratislava, March 3 (TASR) – The United Kingdom will remain one of the closest political, security and trading partners for Slovakia even after Brexit, Slovak Foreign and European Affairs Minister Miroslav Lajcak told journalists...

Retail Sales Expected to Grow Further But May Lose Some Steam

Improved consumer trust, which reflects the robust labour market, as both the employment rate and salaries have been rising, and record-low interest rates began to have a discernible effect on the sales of Slovak businesses in late 2016 and early 2017, TASR learnt from UniCredit Bank Czech Republic and Slovakia analyst Lubomir Korsnak on Friday.

Slovakia Opens Books on 20-year Government Bonds

Slovakia auctioned off 20-year government bonds worth €2 billion on Thursday, Finance Ministry State Secretary Radko Kuruc told a press conference on Friday.

Slovakia and Hungary to Construct Two Electricity Links

Bratislava, March 1 (TASR) - Two new cross-border links of electricity networks between Slovakia and Hungary will be introduced following the inking of an agreement between the two countries' electricity transmission network operators in...

PAS: Entrepreneurs Feel Worsening of Business Conditions in Slovakia

Entrepreneurs are still dissatisfied with the development of the business environment in Slovakia, and they evaluated it negatively also in the final quarter of 2016, Slovak Business Alliance (PAS) CEO Peter Kremsky told a news conference in Bratislava on Tuesday.

V4 Summit to Debate Imports of Low Quality Food from Western Europe

Trnava, February 27 (TASR) - Warsaw will host an extraordinary summit of the prime ministers of the Visegrad Four (V4) countries on Thursday, March 2, Slovak Premier Robert Fico announced on Monday. The summit will...

PKS: Slovak Stores Sell Enough Quality Groceries on Par with EU-15

The Slovak Food Chamber (PKS) is assuring consumers that stores in Slovakia offer an ample range of foodstuffs that are on par quality-wise with items available on the shelves of stores in the EU's original 15 member countries, TASR learnt from PKS director Jarmila Halgasova on Friday.