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Economy

EKS Saves More than €192 million Overall in 61,300 Deals

EKS Saves More than €192 million Overall in 61,300 Deals

Bratislava, March 6 (TASR) – More than 61,300 deals have already been contracted as part of the Electronic Contracting System (EKS), with the total price of the goods and services originally reaching almost €822.7 million, but the competitive environment provided by the system squeezed the total final price by

Amazon to Open New Logistics Centre in Sered

Amazon to Open New Logistics Centre in Sered

Bratislava, March 6 (TASR) – The American internet commerce company Amazon wants to open its first reverse logistics centre in the Mountpark industrial zone in Sered (Trnava region) and create more than 1,000 jobs over the next three years, TASR learnt from Amazon representatives on Monday. The more than 60,

Lajcak: UK to Remain Close Partner for Slovakia Even after Brexit

Lajcak: UK to Remain Close Partner for Slovakia Even after Brexit

Bratislava, March 3 (TASR) – The United Kingdom will remain one of the closest political, security and trading partners for Slovakia even after Brexit, Slovak Foreign and European Affairs Minister Miroslav Lajcak told journalists after talks with British Secretary of State for Exiting the European Union David Davis on Friday. According

Retail Sales Expected to Grow Further But May Lose Some Steam

Retail Sales Expected to Grow Further But May Lose Some Steam

Bratislava, March 3 (TASR) – Improved consumer trust, which reflects the robust labour market, as both the employment rate and salaries have been rising, and record-low interest rates began to have a discernible effect on the sales of Slovak businesses in late 2016 and early 2017, TASR learnt from UniCredit Bank

Slovakia Opens Books on 20-year Government Bonds

Slovakia Opens Books on 20-year Government Bonds

Bratislava, March 3 (TASR) – Slovakia auctioned off 20-year government bonds worth €2 billion on Thursday, Finance Ministry State Secretary Radko Kuruc told a press conference on Friday. Over 120 investors, largely from Europe, showed interest in Slovakia’s first 20-year, euro-denominated benchmark paper. “Demand exceeded €3 billion, which is truly

Slovakia and Hungary to Construct Two Electricity Links

Slovakia and Hungary to Construct Two Electricity Links

Bratislava, March 1 (TASR) – Two new cross-border links of electricity networks between Slovakia and Hungary will be introduced following the inking of an agreement between the two countries’ electricity transmission network operators in Bratislava on Wednesday. The overall investment for the Gabcikovo (Trnava region)-Gonyu (Hungary)-Velky Dur (Nitra region)

PAS: Entrepreneurs Feel Worsening of Business Conditions in Slovakia

PAS: Entrepreneurs Feel Worsening of Business Conditions in Slovakia

Bratislava, February 28 (TASR) – Entrepreneurs are still dissatisfied with the development of the business environment in Slovakia, and they evaluated it negatively also in the final quarter of 2016, Slovak Business Alliance (PAS) CEO Peter Kremsky told a news conference in Bratislava on Tuesday. The business environment index (IPP) set