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Economy

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

Pociatek: Finding Strategic Partner for Bratislava Airport Best Solution

Pociatek: Finding Strategic Partner for Bratislava Airport Best Solution

Bratislava, February 18 (TASR) – The most reasonable solution for securing development of the Milan Rastislav Stefanik Airport in Bratislava (BTS), currently under the remit of the state, is finding a strategic partner, Transport, Construction and Regional Development Minister Jan Pociatek told TASR on Thursday. Several candidates for partnership have already

Motor Journalists: 2016 Car of the Year in Slovakia Is Opel Astra

Motor Journalists: 2016 Car of the Year in Slovakia Is Opel Astra

Bratislava, February 18 (TASR) – The Opel Astra has become the 2016 Car of the Year in Slovakia, as decided by a jury of 15 motor journalists, jury chairman Lubos Kriz informed TASR on Thursday. The runner-up is the Skoda Superb, while in third place is the Suzuki Vitara. According to

Analysts: Schengen Disintegration Would Damage Slovakia's Exports

Analysts: Schengen Disintegration Would Damage Slovakia's Exports

Bratislava, February 17 (TASR) – A possible disintegration of the Schengen area would significantly damage Slovakia’s export competitiveness, as it is among six EU countries with their foreign trade within Schengen representing more than 70 percent of the overall foreign trade balance. According to an analysis released by UniCredit Bank

KDH: European Money Far From Free of Charge

KDH: European Money Far From Free of Charge

Bratislava, February 17 (TASR) – Money from EU funds are far from being free, said Christian Democrat/KDH MP Pavol Zajac at a press conference in Bratislava on Wednesday, when he criticised the commercial on EU funds called ‘Good News for Slovakia’, TASR learnt on the same day. Dozens of representatives

Pociatek Can Sign Construction Contract for Bratislava Bypass

Pociatek Can Sign Construction Contract for Bratislava Bypass

Bratislava, February 17 (TASR) – At its session on Wednesday the Government gave its final approval to Transport, Construction and Regional Development Minister Jan Pociatek to sign a contract for the construction of a motorway bypass around Bratislava via a PPP project. According to a Cabinet resolution, Pociatek should sign the