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Economy

TABLET.TV: Electricity Prices in Slovakia among Highest in EU

TABLET.TV: Electricity Prices in Slovakia among Highest in EU

Bratislava, February 9 (TASR) – Even after making a U-turn and returning to 2016 levels, electricity prices in Slovakia will be among the highest in the EU, Rastislav Hanulak from the law firm Capitol Legal Group stated on TABLET.TV on Thursday. The situation isn’t only because of regulation but

Share of Slovak Groceries on Shelves Still Below 40 percent in 2016

Share of Slovak Groceries on Shelves Still Below 40 percent in 2016

Bratislava, February 7 (TASR) – Slovak foodstuffs accounted for 39.91 percent of grocery items on the shelves of retail chains in Slovakia late last year, TASR learnt from a survey that the Slovak Agricultural and Food Chamber (SPPK) carried out in November. “It needs to be said that we’re

Kazimir in Cuba Discussing Slovak Investments in Energy Sector

Kazimir in Cuba Discussing Slovak Investments in Energy Sector

Bratislava, February 7 (TASR) – Finance Minister Peter Kazimir (Smer-SD) is holding a series of talks with representatives of the Cuban Government in the country’s capital of Havana to strengthen cooperation between both countries, TASR learnt from the Finance Ministry press department on Tuesday. Kazimir first met Cuban Council of

Lyra Chocolate in Nitra to Cooperate with Shuar Indian Tribe

Lyra Chocolate in Nitra to Cooperate with Shuar Indian Tribe

Bratislava, February 7 (TASR) – The Nitra-based chocolate manufacturer Lyra Chocolate will cooperate with an Ecuadorian Indian tribe called Shuar, which is based in Ecuador’s Taisha region, as the company’s representative Karol Styblo signed a cooperation agreement with a representative of the tribe on Monday (February 6). “It’s

SNS Staying in Coalition and Will Search for Solutions in Energy Sector

SNS Staying in Coalition and Will Search for Solutions in Energy Sector

Bratislava, February 6 (TASR) – The Slovak National Party (SNS) will remain in the coalition and seek solutions to issues that have emerged in the energy sector recently, stated SNS leader and Parliamentary Chairman Andrej Danko after the party’s presidium session on Monday. Danko added that the SNS presidium authorised

Fico: Energy Prices to Return to 2016 Levels across Slovakia

Fico: Energy Prices to Return to 2016 Levels across Slovakia

Bratislava, February 6 (TASR) – Electricity will make a U-turn back to the level seen in 2016 for the whole of Slovakia, said Prime Minister Robert Fico and Economy Minister Peter Ziga (both Smer-SD) following their talks with representatives of power utilities and the Office for Regulation of Network Industries (URSO)

SBA: Slovak Banking Sector’s Profit Up by 23.8% Y-o-Y in 2016

SBA: Slovak Banking Sector’s Profit Up by 23.8% Y-o-Y in 2016

Bratislava, February 6 (TASR) – Slovakia’s banking sector posted a profit of €750 million at the end of 2016, up by 23.8 percent year-on-year, according to preliminary data released by the central bank (NBS) on Monday. Meanwhile, the Slovak Banking Association (SBA) noted that a significantly positive effect for