OtherOther Economy

Indian Firm Reva Probing Slovakia for Production of Electric Automobiles

Bratislava 12 (TASR) - Reva Electric Car Company (India) is interested in having a factory in the European Union from which to launch its Reva electric car and the company is exploring Slovakia, the Economy Ministry reported on Friday following Reva's representative Ravi K. Rishi's meeting with Economy Minister Lubomir Jahnatek on Thursday. If it opts for Slovakia, Reva… read more

Zahradnik Leads Newly-Created Union - Party for Slovakia into Elections

Bratislava, March 12 (TASR) - A new political party called Union - Party for Slovakia will be led into the parliamentary elections on June 12 by former SDKU-DS member and unsuccessful candidate for Bratislava governor Branislav Zahradnik, it was announced at a Union press conference on Friday. The new party, which was created by merging three political parties - Free… read more

Analysts: Slovak Exports Still Not Reaching Pre-crisis Volumes

Bratislava, March 12 (TASR) - January 2010 saw a considerable spike in Slovakia's exports (by 15.8 percent year-on-year), which may look very positive at first sight compared to the drop seen in the first 11 months of 2009, with 11.3-percent growth being recorded in December, analysts approached by TASR pointed out on Friday. The development in January shouldn't be viewed… read more

Svatopluk to Adorn Bratislava Castle Courtyard

Bratislava, March 12(TASR) - The three top constitutional officials – President Ivan Gasparovic, Chairman of Parliament Pavol Paska and Prime Minister Robert Fico – on Friday launched a civil association named Svatopluk aimed at marking the main courtyard of the Bratislava Castle with a statue of this historical figure. The installation of the statue will be part… read more

Slovaks Proud of their Home Country Accomplishments

Bratislava, March 12 (TASR) - The latest Focus agency poll from early February shows that the number of Slovaks who are proud of the achievements of the country since independence in 1993 is down to 68 percent from 77 percent a year earlier. Unveiling the results of the poll, which featured 1,301 respondents, Zara Butorova, analyst with the Institute for Public Issues… read more

Hungary Should Re-create Fertile Ground for Ethnic Minorities

Bratislava, March 12 (TASR) - Slovakia is disquieted by the conclusions concerning Hungary in the Council of Europe's latest evaluation report focused on the application of the European Charter of Regional and Minority Languages. The Council's committee of ministers earlier this week discussed the report which, among other things, assesses Hungary's attitude towards maintaining… read more

Slovakia\'s Foreign Trade Surplus Reached €1.19 billion in 2009

Bratislava, March 12 (TASR) - Slovakia's foreign trade reported a surplus of €1.19 billion for the year 2009, with the highest active balance with Germany, France and Poland and the highest trade deficit with South Korea, Russia and China, the Statistics Office reported on Friday. According to the Stats Office, Slovakia's total exports reached €39.72 billion last… read more

Stats: Slovakia\'s Export in January Up Nearly 16 Percent to €3.14 billion

Bratislava, March 12 (TASR) - Slovakia's foreign trade in January posted a surplus of €31.4 million, the Statistics Office reported on Friday. Over the first month of this year, total exports rose by 15.8 percent year-on-year to €3.14 billion, along with total imports up 3.8 percent to €3.1 billion. read more

Volkswagen Workers Go on Strike Alert Clamouring for Pay Raise

Bratislava, March 11 (TASR) - Workers at Germany's automaker Volkswagen in Bratislava have gone on strike alert on Wednesday calling for the salary raise under the provisions of a collective agreement that expires at the end of March, a company unionist said on Thursday. Claimants say their demands bear first fruit. "Initially, the company managers didn't consider pay… read more

Fico: I Am Ready to Run for Re-election as Slovakia\'s Prime Minister

Bratislava, March 11 (TASR) - Prime Minister and leader of Smer-SD party Robert Fico said at a press conference on Thursday that he's ready to seek the post of head of executive power again following the general election set for June 12, TASR learnt on the same day. He added that following the election Smer members will have to resume discussion on whether the posts of… read more

SOPK Calls for Good Business Environment So Country Remains Viable

Bratislava, March 11 (TASR) - The Chamber of Commerce and Industry (SOPK), one of the country's private business representatives, called on the Government on Thursday to secure a good business environment in Slovakia so the country can remain viable in the future. Chamber officials, led by the institution's chairman since its inception 18 years ago Peter Mihok, met with… read more

Terrorist Suspect Mustafa Labsi Back in Slovakia

Bratislava, March 11 (TASR) - Austrian security authorities on Thursday escorted Algerian terrorist suspect Mustafa Labsi back to Slovakia. It was reported that Labsi should now be placed in custody in Secovce (Kosice region). Labsi is suspected of having cooperated with the terrorist network Al-Qaeda in the past, and Slovak police arrested him on May 4, 2007. In Slovakia,… read more

SMK: Angyal\'s Term of Office Was Extended As Government Uses Him

Bratislava, March 11 (TASR) - The ethnic-Hungarian SMK party claims that extending the term of office of chairman of the Office for Public Procurement Bela Angyal (SMK nominee, now member of Most-Hid) is a purpose-built political move made by the Government in order to use Angyal's services even longer, Eva Dunajska from SMK press department told TASR on Wednesday. "SMK… read more

Exminister Stefanov to Advise Mikolaj in Managing Construction Ministry

Bratislava, March 11 (TASR) - The freshly-dismissed construction and regional development minister Igor Stefanov will be advising Education Minister Jan Mikolaj in the Construction Ministry-related agenda, as Mikolaj was on Thursday appointed by President Ivan Gasparovic to replace Stefanov in the post. Mikolaj announced his decision to use Stefanov as an advisor within… read more

Skadden: Slovakia Can Lose €216 Million Over Emission Quotas Scandal

Bratislava, March 11 (TASR) - The emission quotas scandal can drag on and on, and without immediate legal steps being taken Slovakia could lose at least €216 million, said Rainer K. Wachter, the director of Vienna branch of the American law firm Skadden Arps Slate Meagher & Flom LLP on Thursday. "There is no immediate end in sight for this case ... its duration will… read more