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Economy

Transport Ministry: 40 km of Highways to Be Built in Eastern Slovakia

Transport Ministry: 40 km of Highways to Be Built in Eastern Slovakia

Bratislava, February 24 (TASR) – According to the Transport, Construction and Regional Development Ministry, 40 kilometres of motorways and expressways will be built in eastern Slovakia in the following years, cofinanced from eurofunds, ministry spokesman Martin Kona told TASR on Wednesday. From the Operational Programme Integrated Infrastructure about €780 million will

VW Completes Building for New Body Shop, Begins Installing Equipment

VW Completes Building for New Body Shop, Begins Installing Equipment

Bratislava, February 23 (TASR) – Around €500 million is the price tag of a new body shop at the Volkswagen plant in Bratislava, Volkswagen Slovakia spokesman Vladimir Machalik told TASR on Tuesday. A new building for the body shop has already been completed, with the latest welding technologies and some 500

Unemployment in All Trencin Districts under National Average in January

Unemployment in All Trencin Districts under National Average in January

Trencin, February 23 (TASR) – The average unemployment rate in Trencin region in January was 7.71 percent, a decrease of 0.18 percentage points month-on-month, announced the Labour, Social Affairs and the Family Centre on Tuesday. The unemployment rate was lower than the country’s average in all nine districts

Lehota to Get Link to R1 Expressway by October

Lehota to Get Link to R1 Expressway by October

Lehota/Velke Zaluzie, February 22 (TASR) – The village of Lehota near Nitra will acquire a direct link to the PR1BINA expressway by October, Lehota mayor Milan Chmelar told TASR on Monday. The local authority as a co-investor in the project is currently drawing up a territorial decision and is dealing

Fico: Could Be Lack of Qualified People if Unemployment Goes under 10%

Fico: Could Be Lack of Qualified People if Unemployment Goes under 10%

Bratislava, February 21 (TASR) – The Government has been successful in meeting its target of reducing unemployment in Slovakia in line with the eurozone average, announced Prime Minister Robert Fico at a press conference at the Labour, Social Affairs and the Family Ministry on Sunday. “We’re still matching the eurozone

Fico: New Investor in Banska Bystrica to Employ over 1,200 People

Fico: New Investor in Banska Bystrica to Employ over 1,200 People

Banska Bystrica, February 20 (TASR) – Secure identity document production company RKN Global Europe is to employ over 1,200 people in Banska Bystrica in an investment worth €89 million, announced Prime Minister Robert Fico after signing a memorandum of understanding with the company in Banska Bystrica on Saturday. Fico announced

Balaz: European Steel Industry Doomed to Demise

Balaz: European Steel Industry Doomed to Demise

Bratislava, February 18 (TASR) – The European steel industry is heading towards demise, as it can’t compete with cheaper producers from other parts of the world, Peter Balaz from the University of Economics in Bratislava stated on TABLET.TV on Thursday. “Steel from the EU is too expensive. The Union