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Economy

NBS: Crisis Over Silicon Valley Bank Collapse Unlikely to Spread to Slovakia

NBS: Crisis Over Silicon Valley Bank Collapse Unlikely to Spread to Slovakia

Bratislava, March 13 (TASR) - The Slovak Central Bank (NBS) closely monitors the collapse of Silicon Valley Bank in the United States, yet believes that the risk of this crisis spreading to Slovakia is quite negligible, NBS press department head Peter Majer told TASR on Monday. "The crisis event that

Eustream's Net Profit Down by 87 percent over Five Months

Eustream's Net Profit Down by 87 percent over Five Months

Profit of semi-state-owned gas carrier Eustream fell over a five-month period to stand at €17 million as of December 31, 2022, compared to the €131 million seen in the same period of 2021, Eustream board member Miroslav Bodnar said on Tuesday.

Aluminium Production Ends, Slovalco Shuts Down Last Furnaces

Aluminium Production Ends, Slovalco Shuts Down Last Furnaces

Ziar nad Hronom, January 9 (TASR) - Slovalco in Ziar nad Hronom (Banska Bystrica region) is shutting down the last ten furnaces for producing primary aluminium, Peter Otapka from joint-stock company Slovalco has told TASR, adding that the decision was approved by the company's shareholders on Monday. After almost 70

Companies to See Caps on Energy Prices in First Quarter of 2023

Companies to See Caps on Energy Prices in First Quarter of 2023

Bratislava, October 24 (TASR) - Companies in Slovakia will see a cap placed on the power component of energy prices from January 1 to March 31 next year, namely at €199 per megawatt hour (MWh) for electricity and €99 per MWh for gas, stated Prime Minister Eduard Heger (OLaNO) on

Economy Ministry: Slovakia's Gas Consumption Drops by 24%

Economy Ministry: Slovakia's Gas Consumption Drops by 24%

Bratislava, October 23 (TASR) - Data collected by the SPP, the Slovak gas distribution network operator, indicate a pronounced drop in the real consumption of gas in Slovakia in the August-September period in comparison to the five-year average, TASR has been told by the Economy Ministry press department. “Over the

Heger: EU Summit Brought Good Results in Terms of Reducing Energy Prices

Heger: EU Summit Brought Good Results in Terms of Reducing Energy Prices

Brussels, October 21 (TASR-correspondent) - From the point of view of the energy debates, the conclusions of the summit in Brussels are successful for Slovakia, Prime Minister Eduard Heger (OLaNO) stated on Friday following the EU summit. Heger pointed out that the discussions on the energy crisis ended with several

EC Okays Transfer of EU Funds for Slovakia to Help People and Companies

EC Okays Transfer of EU Funds for Slovakia to Help People and Companies

Bratislava, October 18 (TASR) – The European Commission (EC) has approved Slovakia’s request for the transfer of unused EU funds to help its inhabitants and companies affected by high energy prices, Investments, Regional Development and Informatisation Minister Veronika Remisova (For the People) told a press conference on Tuesday. The legislation