The number of foreign workers in Slovakia rose to a record high in May, surpassing 125,000 despite mounting uncertainty over global trade. Compared with the previous month, the total increased by nearly 1,200, and year-on-year by almost 26,000 – a sign of continued reliance on foreign labour to fill persistent gaps in the workforce. Roughly…
Slovakia’s main trade union federation has proposed its own plan for repairing public finances, warning the government against repeating austerity policies that disproportionately affect workers and low-income groups. In a response to the Labour Minister’s call for input from social partners, the Confederation of Trade Unions of the Slovak Republic (KOZ SR) submitted a set…
Three dominant forces – historically low unemployment, persistent regional disparities and rapid technological transformation – shaped Slovakia’s labour market in 2024. According to data from ManpowerGroup, the top-ranked recruitment agency, as many as 79% of employers reported difficulties in filling vacancies. The greatest talent shortages were seen in transport and logistics (87%), healthcare and pharmaceuticals…
Slovakia’s economy is losing steam. Once a regional growth leader, the country now ranks among the poorest performers in the European Union, coming 24th out of 27 in a new Prosperity Index compiled by Slovenska and Ceska sporitelna banks. Only Greece, Romania and Bulgaria fared worse. In contrast, neighbouring Czechia ranked 15th and Slovenia 4th.…
Bratislava is set to welcome a new addition to its growing fast-food landscape. Croatian chain Koykan, known for its globally inspired menu and commitment to healthier ingredients, is making its debut in Slovakia’s capital with two branches scheduled to open in the Eurovea and Aupark shopping centres. Founded in Zagreb in 2012 by a group…
Slovakia has yet to earn a single Michelin star, but its fine dining landscape has just received global recognition of a different kind. On June 2, the French gastronomic authority Gault&Millau published its first-ever Slovak edition, awarding coveted “toques” – the guide’s signature chef’s hats – to nearly 150 restaurants across the country, according to…
Last year, eight in 10 tax audits ended with a penalty and an additional tax assessment. Yet despite the rising efficiency of the Financial Administration, the state collected nearly EUR 100 million less through this channel compared to the previous year. The administration focused primarily on value-added tax (VAT), where it recorded the highest number…