Economy

Ecco Slovakia will settle all liabilities towards the employees of its plant in Martin, Labour Minister Erik Tomas told a news conference held in front of the factory on Thursday.

Bratislava, April 15 (TASR) - The tax on financial transactions can't be scrapped even partially due to consolidation, and exempting sole traders and small entrepreneurs from this tax would mean a significant loss of state budget revenues of up to €200 million, said Finance Minister Ladislav Kamenicky (Smer-SD)

The company Lowa, a manufacturer of active footwear, will cease its production in Handlova (Trencin region) by August 31, explaining the decision as an effort to optimise production capacities, TASR has learnt from the company. "Lowa, part of the Tecnica Group, is reassessing its industrial structure to enhance production

Bratislava, April 10 (TASR) - Pension-management companies (DSS) will be able to invest assets from the second pension pillar in infrastructure projects in Slovakia, according to an amendment to the law on old-age pension savings that MPs finally approved on Thursday.         The bill was discussed via a fast-tracked legislative procedure.