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Economy

Fico: Government Keen for Production at Slovalco to Resume in 2027

Fico: Government Keen for Production at Slovalco to Resume in 2027

The government is keen to see production at aluminium smelter Slovalco resume in 2027, Premier Robert Fico told a news conference after signing a memorandum of understanding on measures to support primary aluminium production in Ziar nad Hronom on Friday.

Anti-monopoly Office Imposes €8-million Fine for Medicine-supply Cartel

Anti-monopoly Office Imposes €8-million Fine for Medicine-supply Cartel

Bratislava, 24 February (TASR) - The Anti-monopoly Office (PMU) has imposed a fine of almost €8 million for a cartel set up between two major medicine suppliers in a public procurement for state-run health-insurance company VsZP, PMU representatives announced at a news conference on Tuesday, adding that the office'

Premier Fico Asks SEPS to Suspend Emergency Electricity Supplies to Ukraine

Premier Fico Asks SEPS to Suspend Emergency Electricity Supplies to Ukraine

Bratislava, 23 February (TASR) - Premier Robert Fico, after Monday's meeting with Finance Minister Ladislav Kamenicky (both Smer-SD), whose ministry is a 100-percent shareholder in the Slovak Electricity Transmission System (SEPS), requested that SEPS should suspend emergency electricity supplies to Ukraine. As of Monday, if Ukraine appeals to

New CV9035 MkIV Combat Vehicle for Slovak Army Presented in Sweden

New CV9035 MkIV Combat Vehicle for Slovak Army Presented in Sweden

British-Swedish arms producer BAE Systems Hagglunds presented a new version of the CV9035 MkIV combat vehicle manufactured for the Slovak armed forces in Ornskoldsvik, Sweden on Friday.

Fico: Transporting Oil via Adria Will Be Much More Expensive Than via Druzhba

Fico: Transporting Oil via Adria Will Be Much More Expensive Than via Druzhba

Bratislava, 18 February (TASR) - Transporting oil via the Adria pipeline will be more than five times more expensive for Slovakia than transporting it via the Druzhba pipeline, through which oil hasn't flowed for more than two weeks, stated Prime Minister Robert Fico (Smer-SD) following the government meeting

Agricultural Chambers of V4, Lithuania and Latvia Want €500 bn for EU Farmers

Agricultural Chambers of V4, Lithuania and Latvia Want €500 bn for EU Farmers

Bratislava, 16 February (TASR) - The agricultural chambers of the Visegrad Four group countries (the Czech Republic, Hungary, Poland and Slovakia), plus Lithuania and Latvia, are calling on the European Commission (EC) to allocate €500 billion to the agriculture sector, arguing that Europe's food security is at risk

Premier Fico Discusses Energy, NATO and Events in Ukraine with Secretary Rubio

Premier Fico Discusses Energy, NATO and Events in Ukraine with Secretary Rubio

Bratislava, 15 February (TASR) - At a meeting with US Secretary of State Marco Rubio and the states' delegations, Prime Minister Robert Fico (Smer-SD) discussed issues of cooperation in nuclear energy, the situation with oil and gas supplies in Slovakia and possible alternatives, the war in Ukraine, as well