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Economy

KDH Asks about Subcontractor Protection for Large ZSR Contract

KDH Asks about Subcontractor Protection for Large ZSR Contract

Bratislava, August 3 (TASR) – The non-parliamentary Christian Democratic Movement (KDH) at a news conference held in Bratislava on Wednesday asked how self-employed people and small businesses who will work on the biggest ever contract (€364.9 million) for rail infrastructure owner ZSR for the reconstruction of the Puchov-Povazska Tepla line

Brecely: I Want to Connect Bratislava and Kosice by 2020

Brecely: I Want to Connect Bratislava and Kosice by 2020

Bratislava, August 2 (TASR) – Transport, Construction and Regional Development Minister Roman Brecely stated on TABLET.TV on Thursday that he hasn’t given up the idea of completing the motorway between Bratislava and Kosice in this electoral term ending in 2020. “It’s my ambition and challenge to complete this

Kiska: If We Want Youth to Opt for Business, We Must Create Conditions

Kiska: If We Want Youth to Opt for Business, We Must Create Conditions

Santiago, August 2 (TASR correspondent) – Slovakia and Chile have the same problem in terms of young people’s access to business, said Slovak President Andrej Kiska following his visit to a development centre for start-ups called ‘Start-Up Chile’ on the first day of his official visit to the South American

Kia Motors Slovakia Produced 177,900 Cars in First Half of 2016

Kia Motors Slovakia Produced 177,900 Cars in First Half of 2016

Zilina, July 28 (TASR) – Kia Motors Slovakia manufactured 177,900 vehicles in the first half of 2016, which represents a 4.7-percent hike year-on-year compared to the first half of 2015, Kia Motors Slovakia spokesman Jozef Bace told TASR on Thursday. The engine production rose by 11 percent and by

Slovakia Was Third Biggest Net Recipient from EU Budget Last Year

Slovakia Was Third Biggest Net Recipient from EU Budget Last Year

Bratislava, July 28 (TASR) – Slovakia was the third biggest net recipient from the European Union budget in 2015, with the country’s net income from the EU amounting to €3.095 billion last year, according to the latest data released by the European Commission.Only Bulgaria and Hungary were bigger

Fico: This Year's Harvest Above Average

Fico: This Year's Harvest Above Average

Bratislava, July 27 (TASR) – This year’s harvest of crops will be above average in Slovakia and is likely to be better than last year’s, which reached the best figures in the last decade, said Prime Minister Robert Fico (Smer-SD) at a briefing on Wednesday. Fico was speaking in

NBS Raises Countercyclical Capital Buffer Rate

NBS Raises Countercyclical Capital Buffer Rate

Bratislava, July 26 (TASR) – Banks active in Slovakia will have to comply with stricter regulatory rules, having their countercyclical capital buffer set at 0.5 percent of risk-weighted assets effective as of August 1, 2017, the Slovak central bank (NBS) Bank Board decided on Tuesday. The Slovak central bank has