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Economy

SNS: Businesses Welcome Idea of 13th and 14th Salaries

SNS: Businesses Welcome Idea of 13th and 14th Salaries

Bratislava, August 22 (TASR) – The proposal to introduce 13th and 14th salaries (i.e. two extra monthly salaries per year) as part of a ‘systemisation of remuneration’ sits well with entrepreneurs, said the Slovak National Party (SNS) after meeting their representatives in Bratislava on Tuesday. That said, Republican Union of

FinMin: Slovakia Wins International Arbitration on Talc Mining Licence

FinMin: Slovakia Wins International Arbitration on Talc Mining Licence

Bratislava, August 22 (TASR) – Slovakia has won another international arbitration, this time with companies called EuroGas and Belmost Resources concerning a licence for talc mining in Gemerska Poloma (Kosice region), TASR learnt on Tuesday. “Slovakia has an exceptionally high score in lawsuits with foreign investors. Our country is starting to

EuroGas Fails for Now in International Arbitration with Slovakia for Talc

EuroGas Fails for Now in International Arbitration with Slovakia for Talc

Bratislava, August 22 (TASR) – EuroGas has failed for now in its arbitration proceedings with Slovakia concerning the allegedly illegal withdrawal of a licence for talc mining in Gemerska Poloma (Kosice region), EuroGas managing board chairman Wolfgang Rauball has admitted on the company’s website. “The International Centre for Settlement of

Tesco Opens Its Third-largest Logistics Centre in Gan

Tesco Opens Its Third-largest Logistics Centre in Gan

Gan, August 21 (TASR) – Tesco opened its third-largest logistics centre in the world and its largest in central Europe in the village of Gan near Galanta (Trnava region) on Monday, TASR learnt on the same day. The distribution centre, which covers 146,500 square metres, will provide jobs to 1,

Analysts: July Unemployment Reduced by Hunger for New Employees

Analysts: July Unemployment Reduced by Hunger for New Employees

Bratislava, August 21 (TASR) – Demand for new employees and the impact of tougher legislation are the main reasons behind the drop in unemployment in Slovakia in July, analysts told TASR on Monday in reaction to unemployment figures released by the Labour, Social Affairs and the Family Centre (UPSVaR) on Friday

Unemployment Rate Down to 6.7 percent in July 2017

Unemployment Rate Down to 6.7 percent in July 2017

Bratislava, August 18 (TASR) – The unemployment rate in Slovakia stood at 6.7 percent in July, down by 0.2 percentage points (p.p.) month-on-month and by 2.74 p.p. year-on-year, Labour, Social Affairs and the Family Centre (UPSVaR) general director Marian Valentovic announced at a press conference in

Fico Opens Agrokomplex, Addresses Main Challenges of Slovak Farming

Fico Opens Agrokomplex, Addresses Main Challenges of Slovak Farming

Nitra, August 17 (TASR) – The 44th Agrokomplex annual agriculture fair was opened in Nitra on Thursday to run until Sunday, featuring 605 exhibitors from 12 countries in an area of 56,000 square metres. Despite unfavourable climate conditions this year, the corps of densely sown corn wasn’t disastrous in