Described as a 21st-century standard of rail travel, Slovakia will welcome the new ComfortJet trains in just a few days. Beginning on December 14, the modern sets will operate on the Prague – Bratislava – Budapest line, coinciding with the introduction of the new timetable in Slovakia. Currently, the route is serviced by four international…
Since the outbreak of the Russian full-scale war in Ukraine in February 2022, the Slovak arms industry has been going through a boom period. 2024 saw continued growth – particularly among privately owned manufacturers, while state-owned firms lagged behind. According to the Economy Ministry’s register, more than 170 companies currently hold licences to act as…
The number of Indian citizens working in Slovakia has surpassed the number of Serbian workers, making Indians the country’s second-largest group of foreign employees after Ukrainians. According to data from the Labour Office, more than 9,200 Indians were employed in Slovakia at the end of October – slightly more than the current number of Serbian…
A long-awaited section of the R2 expressway between Krivan and Mytna opened to drivers on November 20, promising quicker journeys across southern central Slovakia and offering a symbolic victory for a government eager to show progress on infrastructure. The 9.1-kilometre segment, which includes Slovakia’s longest and highest bridge – a 4.37-kilometre viaduct towering up to…
Slovakia’s government has spent recent weeks promoting the idea that its public finances are on a sharp path to improvement. Yet new figures from the European Commission paint a picture that is far less flattering than the one presented in Bratislava. The Commission expects Slovakia to post a 4.6% deficit next year – significantly above…
It wasn’t just soaring electricity prices, but above all the need for energy stability and a desire to make its production more environmentally friendly that led the Cemmac cement works in Horne Srnie, western Slovakia, to revive plans to harness the power of the sun for its energy needs. One year on from construction of…
It is a paradox that ultimately hurts the customer. Although the value-added tax (VAT) on food served in restaurants fell to a historically low 5%, prices not only failed to drop but were now rising by almost 10%. A new analysis by the Institute for Financial Policy at the Finance Ministry (IFP) suggests that the…