SlovakConnect.sk - Economy

SlovakConnect.sk is providing resources for English speaking Business Professionals living in, visiting, or interested in Bratislava and Slovakia. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on CapitalConnect.sk!

Raben Commissions Additional Distribution Space at Prologis Park Nove Mesto

Prologis, Inc., the global leader in logistics real estate, today announced it has started construction of a fully customised distribution facility comprising 3,755 square metres for Raben Logistics Slovakia, a third-party logistics provider, at Prologis Park Nove Mesto. more >>
 

VENDO PARK banks on tailored retail mix

Occupying 3,550 m 2 of space, offering 127 parking spots and 8 retailers, and taking nearly seven months to complete – these are the VENDO PARKS broken down to their fundamental numbers. The centres were opened in Zlaté Moravce today by Trei Real Estate GmbH, the real estate subsidiary belonging... more >>
 

UPC expands in Slovakia

UPC has made its digital service available in three more locations in the west of Slovakia. Its customers in Modra, Bratislava’s Devínska Nová Ves and Topol’niky in Dunajská Streda can now receive a whole range of services including digital cable TV from UPC Digital, the mobile TV service ... more >>
 

Slovak Gas Hub

Slovakia currently transits about 50% of all Russian natural gas supplied to Europe and is also the main gateway for European gas exports to Ukraine in reverse flow. more >>
 

Slovakia HICP Falls For Eighth Month

Slovakia's EU measure of inflation dropped for the eighth straight month in July and at a faster pace from the previous month, figures from the Statistical Office of the Slovak Republic showed Friday. more >>
 

Luxury car maker drives hard bargain to head towards Slovakia

Slovakia appears to have won the beauty contest to be the site for a new factory for luxury car maker Jaguar Land Rover. Poland looks like it was in second place with the Czech Republic in third. Details of the full deal and incentives could make it clear whether the Czech bid suffered from ... more >>
 

Mol Seeks to Buy Part of Enel’s Slovak Assets in First Stage

Mol Nyrt. seeks to buy a part of Enel SpA’s stake in Slovenske Elektrarne AS before the Mochovce nuclear power plant is completed and may decide to boost its share later, the oil refiner’s board member Oszkar Vilagi said. more >>
 

Slovak Debt Rating Raised by S&P on Growth, Budget Deficit

Slovakia’s credit rating was raised by Standard & Poor’s, which cited accelerating economic growth and government efforts to narrow the budget deficit and trim debt. more >>
 

Peugeot's Slovak unit to boost production by almost a fifth in 2015

PSA Peugeot Citroen's Slovak unit said on Wednesday it would target production of up to 300,000 cars in 2015, rising from more than 255,000 vehicles last year. more >>
 

Kiev gets 40% more gas from Slovakia

Ukraine is now getting 40 percent more gas from Slovakia, up to 24 million cubic meters a day, according to gas transport firm Ukrtransgaz. Slovakia is now the only reverse gas supplier as Kiev has stopped importing from Hungary and Poland. more >>
 

Slovakia HICP Falls For Seventh Month

Slovakia's EU measure of inflation dropped for the seventh straight month in June, although the rate of decline remained stable from the previous two months, figures from the Statistical Office of the Slovak Republic showed Thursday. more >>
 

Slovakia CPI Falls At Satble Rate In June

Slovakia's consumer prices dropped at a stable pace in June, figures from the Statistical Office of the Slovak Republic showed Monday. The consumer price index edged down 0.1 percent in June, same rate of decline as in the previous two months. Prices have been falling since December last year. more >>
 

Romgaz to start drilling in Slovakia within few months

The state-run company Romgaz Medias (SNG), one of the two big gas producers in Romania will start in Q3 of this year exploitation drilling in the three concessioned areas in Slovakia, works which should have been started in 2013. more >>
 

Slovak Ambassador: Vitebsk business forum opens eastern part of Belarus for Slovak business

The business forum in Vitebsk opens for Slovakian business the eastern part of Belarus and is an important part of the preparation for the meeting of the intergovernmental commission on economic affairs which will take place in Minsk in September, Slovakia Ambassador to Belarus, Miroslav ... more >>
 

Belarus, Slovakia urged to improve transport connection

With a view to developing the cooperation in tourism Belarus and Slovakia need to improve transport links, to develop convenient and profitable routes, Director of the Slovak office for tourism in Russia and CIS countries Ljubica Alusicova said during the opening of the Belarusian-Slovak ... more >>
 

Ukraine to boost capacity for gas supplies from Slovakia

Ukraine expects to increase capacity to import natural gas from Slovakia in the reverse direction to 41 million cubic meters a day to 55-57 million cubic meters, Ukrtransgaz President Ihor Prokopiv told journalists in Kyiv on Tuesday. more >>
 

Ghost villages haunt Slovakia's economic success

Slovakia has been a star performer in Central Europe with a boom in car manufacturing driving brisk economic growth, but ghost villages haunt the countryside as people leave in search of jobs. Until recently, around 40 percent of Slovaks lived in villages of less than 1,000 people but ... more >>
 

Jaguar in Talks on $1.85 Billion Plant With Poland, Slovakia

The manufacturer is considering Poland and Slovakia as potential locations for Jaguar’s new plant, with Krakow in southern Poland a leading possibility, the Polish edition of Newsweek reported in April. more >>
 

What Did We Learn From the Economic Crisis?

I recently attended a conference at the Aspen Institute in Prague entitled, "What Did We Learn from the Economic Crisis?" There were three highly reputable speakers; Lord Meghnad Desai, Professor at the London School of Economics; Jacek Rostowski, former Minister of Finance in Poland; and ... more >>
 

Josef Průša: I am glad people treat me as an equal at 24

When Josef Průša talked about the 3D printing at TEDxPrague four years ago, he concluded his speech saying “Welcome to the future”. And he was quite right. Back then, he was still a student and 3D printers a rarity most of us could hardly imagine. Today, he is a recognized authority not just in... more >>
 
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