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Economy

Ziga Signs Eastring Memorandum with Bulgaria's Zhecho Stankov

Ziga Signs Eastring Memorandum with Bulgaria's Zhecho Stankov

Bratislava, July 13 (TASR) – Slovak Economy Minister Peter Ziga (Smer-SD) and Bulgarian Energy Ministry State Secretary Zhecho Stankov at an informal meeting of EU energy ministers in Bratislava on Wednesday signed a memorandum of understanding concerning the Eastring gas pipeline project. “We signed a contract between Eustream and Bulgartransgas concerning

Analyst: Energy Sector Pulled Down Slovak Industrial Output in May

Analyst: Energy Sector Pulled Down Slovak Industrial Output in May

Bratislava, July 11 (TASR) – Slovakia’s industrial output in May was pulled down mainly by the energy sector, while the processing industry was growing, UniCredit Bank Czech Republic and Slovakia analyst Lubomir Korsnak told TASR on Monday. “Industrial output was negatively influenced mainly by production and supplies of energy, posting

AmCham Backs Slovakia's Membership in EU

AmCham Backs Slovakia's Membership in EU

Bratislava, July 11 (TASR) – The American Chamber of Commerce in Slovakia (AmCham) supports Slovakia’s membership in the European Union, said AmCham in its statement with redard to Friday’s (July 8) conference entitled Slovakia’s Presidency in Light of the Investment Opportunities. According to AmCham, EU membership brings myriad

Vozar Is New General Director of Rail Freight Company ZSSK Cargo

Vozar Is New General Director of Rail Freight Company ZSSK Cargo

Bratislava, July 11 (TASR) – Martin Vozar has become the new general director of state-run rail freight company Zeleznicna Spolocnost Cargo Slovakia (ZSSK Cargo), TASR learnt from the Transport, Construction and Regional Development Ministry’s communications department on Monday. A public selection procedure for the post of chair of the ZSSK

Lubomir Vazny to Become New General Director of Socialna Poistovna

Lubomir Vazny to Become New General Director of Socialna Poistovna

Bratislava, July 7 (TASR) – Lubomir Vazny (Smer-SD) will be the new general director of social insurer Socialna poistovna, with the Cabinet approving his appointment at its session on Thursday. Vazny will replace Dusan Munko (Smer-SD), whose term of office expires on July 24. Vazny has served as transport minister (2006-10)

Schmid: Compensation Sought from Slovakia by EuroGas is Unrealistic

Schmid: Compensation Sought from Slovakia by EuroGas is Unrealistic

Bratislava, June 27 (TASR) – Compensation amounting to USD 3.2 billion (€2.9 billion) demanded from the Slovak Government by a company called Eurogas AG in arbitration over the revocation of a licence to mine talc in the village of Gemerska Poloma (Kosice region) doesn’t correspond with reality, Schmid

Auxt: Geological Conditions Complicate Drilling of Zilina Tunnel

Auxt: Geological Conditions Complicate Drilling of Zilina Tunnel

Zilina, June 21 (TASR) – Construction work on an 11-kilometre stretch of the D1 motorway between Hricovske Podhradie and Lietavska Lucka (southern Zilina bypass) will be extended by nine months due to difficult geological conditions, National Highway Company (NDS) general director Robert Auxt said after a site inspection Tuesday. The stretch