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Economy

NBS: Slovak Economy Should Rise by 3.2 percent in 2016

NBS: Slovak Economy Should Rise by 3.2 percent in 2016

Bratislava, March 29 (TASR) – According to the latest mid-term prediction of the Slovak central bank (NBS), Slovakia’s economy should rise by 3.2 percent this year, by 3.3 percent next year and by 4.2 percent in 2018, TASR learnt on Tuesday. Investments in the public sector increased

Businessmen Reject Opposition Statements on Stimuli for SCP Mondi

Businessmen Reject Opposition Statements on Stimuli for SCP Mondi

Bratislava, March 24 (TASR) – Klub 500 (an association of companies with at least 500 employees) rejects the non-professional and political statements on planned stimuli for a company called Mondi SCP Ruzomberok made by representatives of Opposition parties OLaNO-NOVA and Freedom and Solidarity (SaS), Klub 500 president Vladimir Sotak told the

Trnava Carmaker Presents Its New Car Model to President Kiska

Trnava Carmaker Presents Its New Car Model to President Kiska

Trnava, March 22 (TASR) – A new model to be manufactured by PSA Peugeot Citroen Slovakia as early as of the end of 2016 was presented to President Andrej Kiska when he called in on the Trnava-based carmaker as part of his one-day visit to Trnava, TASR learnt on Tuesday. Kiska

Richter: Unemployment Now Lowest in Seven Years

Richter: Unemployment Now Lowest in Seven Years

Bratislava, March 18 (TASR) – Slovakia is now achieving the most positive results both in unemployment and the number of employed people in the past seven years, Labour, Social Affairs and the Family Minister Jan Richter stated at a press conference on While the unemployment rate stood at 10.09 percent

UPSVaR: Unemployment Rate Fell to 10.09 percent in February

UPSVaR: Unemployment Rate Fell to 10.09 percent in February

Bratislava, March 18 (TASR) – The unemployment rate in Slovakia stood at 10.09 percent in February, announced Labour, Social Affairs and the Family Centre (UPSVaR) director Marian Valentovic at a press conference on Friday. Compared to January, when it stood at 10.39 percent, unemployment fell by 0.3 percentage

Trade Unions: U.S. Steel Sacks 29 People, Violates Memo with Gov't

Trade Unions: U.S. Steel Sacks 29 People, Violates Memo with Gov't

Kosice, March 17 (TASR) – The decision of U.S. Steel Kosice to scrap 29 white-collar jobs as of April 1 goes against the 2013 memorandum between the Government and U.S. Steel Kosice, representatives of the KOVO trade union and the company’s trade unions stated at a press conference

Industrial Production Up 1.6 percent Y-o-Y in January 2016

Industrial Production Up 1.6 percent Y-o-Y in January 2016

Bratislava, March 11 (TASR) – Industrial production increased by 1.6 percent year-on-year in January 2016, the Slovak Statistics Office announced on Friday. This development was influenced by growth in manufacturing of 2.7 percent; by a drop in electricity, gas, steam and air-conditioning supplies of 3.5 percent; and by