Zilina will become more attractive for potential investors following a EUR 38 million investment into a transhipment hub planned by Slovak rail company ZSR. The new transhipment centre will be located near the Kia Motors car plant and should provide around 50 local jobs. The railway company believes that the investment will lead to increased [...]
Today parliament adjusted the rules of investment stimuli according to the Investment Assistance Act, putting greater emphasis on needier regions while enticing more investors by reducing the entitlement threshold. The new rules mean that companies planning to invest in the Bratislava region will likely get no help at all, while the level of assistance will [...]
Bulgarian border guards at the Koulata border point between Greece and Bulgaria got a bit of a shock today after they inspected a Slovak truck full of watermelons. The truck, travelling from Greece to Slovakia, did not contain just hundreds of watermelons, but also eight illegal Afghan immigrants. The 50-yr old Slovak driver was arrested [...]
Defence minister Lubomir Galko surely didn’t please the nationalist SNS party this week after he announced that Hungarian fighter jets could soon be using Slovak air space. Galko signed a reciprocal agreement on joint protection of Slovak and Hungarian air space in Budapest on Tuesday, where he met with his Hungarian counterpart Csaba Hende, the [...]
The successful operations of Deutsche Telekom Shared Services s.r.o. (DTSS) will gradually be expanded to support all Group subsidiaries in Europe. Business purpose is the provision of selected financial services. By late 2015, more than 500 additional jobs are expected to be created in Bratislava. Deutsche Telekom Shared Services s.r.o. (DTSS) will gradually take over tasks [...]
Supreme Court chairman Stefan Harabin is to lose 70% of his income for a period of one year as a disciplinary punishment for systematically refusing to let the Ministry of Finance carry out an audit at the Supreme Court last year. The verdict of gross misconduct on Harabin’s part was announced yesterday by the Constitutional [...]
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