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Economy

Finance Ministry Cuts Forecast for Tax and Levy Revenues up to 2020

Finance Ministry Cuts Forecast for Tax and Levy Revenues up to 2020

Bratislava, June 29 (TASR) – The state is expected to collect less in taxes and payroll levies over the next couple of years – by €242 million this year, by €231 million next year, by €200 million in 2019 and by €169 million in 2020, according to the latest prognosis that the

Cabinet Approves Scheme to Help Smart Cities Take Off

Cabinet Approves Scheme to Help Smart Cities Take Off

Bratislava, June 28 (TASR) – Projects aimed at building so-called smart cities will be eligible for state assistance, according to a pilot support scheme for experimental development and innovations towards building of smart cities that the Government okayed on Wednesday. “The proposal is designed to set the stage for pilot support

Danko: Kia Wants Slovakia to Complete Highway Construction Quickly

Danko: Kia Wants Slovakia to Complete Highway Construction Quickly

Seoul, June 26 (TASR-correspondent) – Parliamentary Chairman Andrej Danko (Slovak National Party/SNS) held talks with officials from Samsung and Kia Motors Corporation in South Korea’s capital Seoul on Monday. A Slovak parliamentary delegation discussed the need for educational processes and new recruitment with Samsung representatives, while Kia representatives voiced

Volkswagen Slovakia Views Strike as Unnecessary; Union Happy with Result

Volkswagen Slovakia Views Strike as Unnecessary; Union Happy with Result

Bratislava, June 26 (TASR) – The strike that took place at Volkswagen Slovakia last week was unnecessary, as the new collective agreement has basically returned to the company’s proposal from April, stated Volkswagen Slovakia management (VW SK) at a press conference on Monday. The trade union argued that only thanks

Kiska Notes Lack of Success in Bringing New Investors into Krompachy

Kiska Notes Lack of Success in Bringing New Investors into Krompachy

Krompachy, June 26 (TASR) – Krompachy is beset by the same problems as many other towns in eastern Slovakia’s Spis area, said President Andrej Kiska when visiting the town in Kosice region on Monday and singled out unemployment as one such major headache. “Krompachy used to be home to a

Strike at Volkswagen to Continue as Talks Fail Again

Strike at Volkswagen to Continue as Talks Fail Again

Bratislava, June 22 (TASR) – The strike at Volkswagen Slovakia is set to continue after the trade union and the management failed to find common ground at the 13th round of talks on Thursday, TASR learnt on the same day. Volkswagen Modern Trade Union (MOV) leader Zoroslav Smolinsky made an announcement

Fico: I Would Welcome it if Agreement at VW is Achieved as Soon as Possible

Fico: I Would Welcome it if Agreement at VW is Achieved as Soon as Possible

Bratislava, June 20 (TASR) – Prime Minister Robert Fico (Smer-SD) would welcome it if an agreement was achieved as soon as possible in the strike at Bratislava-based Volkswagen (VW), he said on Tuesday on the premises of the Labour, Social Affairs and the Family Ministry where he came to comment on