Construction plans for a city-centre site owned by electricity distribution company Zapadoslovenska Energetika (ZSE) in the Mlynske Nivy district of Bratislava have been under discussion for several years, but the future shape of the development is now clear. The project, tentatively titled EHQ Multifunctional Complex, is led by the developer Immocap. It has recently received…
Slovakia is facing significant changes in energy prices next year, with gas prices expected to rise sharply due to both market conditions and an increase in VAT, while electricity prices could see a slight decrease thanks to a VAT reduction. These shifts are part of the government’s broader efforts to balance public finances, including a…
Next year, motorists will pay EUR 90 for a 365-day highway sticker. The cost of a single-day highway sticker will also rise to EUR 8.10. Today, drivers pay EUR 60 for the 365-day highway sticker and EUR 5.40 for the single-day highway sticker. “90 euros is the amount we deemed acceptable for motorists. Compared to…
On September 11, Slovakia’s parliament passed a new bill introducing a tax on sugary drinks. The base rate is set at 15 cents per litre for standard sweetened soft drinks, such as colas, with special rates applied to energy drinks and syrups. The legislation was backed by coalition members, while opposition MPs either abstained or…
Despite the progress made in gender equality, seeing a woman at the executive level of major companies remains uncommon, particularly in technical sectors and the private sphere. According to data from the European Commission, just 13.7% of top positions in Europe’s largest publicly traded companies are currently held by women. To address this, new legislation…
The Slovak food group I.D.C. Holding, owned by financier Pavol Jakubec, has announced its sale to Ireland’s Valeo Foods Group, backed by the global investment giant Bain Capital. “After 32 years of developing I.D.C. Holding from a local, traditional confectionary business into a major regional player in the category, it’s the right time for a…
Naftogaz Group Board Chairman & CEO Oleksiy Chernyshov and Prime Minister of the Slovak Republic Robert Fico have discussed cooperation between Ukraine and Slovakia to strengthen the energy security of the two countries. The relevant statement was made by Naftogaz Group Board Chairman & CEO Oleksiy Chernyshov on Facebook. “I have had a meeting with…