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Economy

Arbiter: Modern Trade Union Will Represent Staff at Volkswagen SK

Arbiter: Modern Trade Union Will Represent Staff at Volkswagen SK

Bratislava, March 30 (TASR) – An arbiter appointed by the Labour, Social Affairs and the Family Ministry to deal with a dispute between the new Volkswagen Modern Trade Union and the original KOVO trade union branch at the carmaker has decided that the recently established entity is entitled to represent staff

SAV Working on Scenarios of Brexit's Ramifications

SAV Working on Scenarios of Brexit's Ramifications

Bratislava, March 29 (TASR) – The Slovak Academy of Sciences (SAV) is working on studies to enable the state administration to ready itself for scenarios involving the United Kingdom’s departure from the EU and for their possible impacts on the Slovak economy, TASR learnt from SAV spokesperson Monika Hucakova on

Kia Motors Slovakia Increases Salaries by 7.5 percent on Average

Kia Motors Slovakia Increases Salaries by 7.5 percent on Average

Teplicka nad Vahom, March 29 (TASR) – The average salary at Kia Motors Slovakia in Teplicka nad Vahom near Zilina is due to rise by 7.5 percent as of April 1, while the basic salaries for the blue-collar staff will be increased by €75 per month, company spokesman Jozef Bace

Fico: We Want UK to Fulfil Commitments

Fico: We Want UK to Fulfil Commitments

Warsaw, March 28 (TASR) – Having made the choice to leave the EU, the United Kingdom should make good on all of its commitments towards it, said Slovak Prime Minister Robert Fico after meeting his Czech, Hungarian and Polish peers at a Visegrad Four (V4) summit in Warsaw on Tuesday. In

NBS Expects GDP Growth at 3.2 percent This Year, Faster Rates Ahead

NBS Expects GDP Growth at 3.2 percent This Year, Faster Rates Ahead

Bratislava, March 28 (TASR) – According to the latest medium-term forecast that the central bank (NBS) released on Tuesday, Slovakia’s economy should grow by 3.2 percent this year before gathering momentum and growing by 4.2 percent next year and by 4.6 percent in 2019 on the back

Slovakia and Czech Rep. Ink Memorandum on Cross-border Cooperation

Slovakia and Czech Rep. Ink Memorandum on Cross-border Cooperation

Modra, March 28 (TASR) – Slovak Agriculture and Rural Development Minister Gabriela Matecna and Czech Regional Development Minister Karla Slechtova signed a Memorandum on Cross-border Cooperation in Modra (Bratislava region) on Tuesday, TASR learnt on the same day. At the same time, the two ministers evaluated the achievements of the 2007-13

Parliament Extends List of Holidays with Sales Ban to 15.5 Days

Parliament Extends List of Holidays with Sales Ban to 15.5 Days

Bratislava, March 28 (TASR) – Shops in Slovakia are set to be closed on several public holidays in addition to the current three-and-a-half days, as Parliament on Tuesday approved an amendment to the Labour Code due to enter into force as of May Day. At the moment there are three full