The government will continue providing energy aid to Slovak households in 2026 to help them cover bills for electricity, natural gas and heating. Unlike in previous years, the aid will now be targeted and provided only to households deemed to be in need, the government claims. Which households will qualify has not yet been determined.…
Slovakia’s defence minister, Robert Kalinak (Smer), says the recent incursion of Russian drones into Polish airspace has underlined the need to accelerate investment in anti-drone systems. Following a video call with European partners, he told television channel Joj 24 that “it is essential to take measures against such incidents”. Kalinak is now using the Polish…
Shenzhen Uniconn Technology, a key supplier to the electric vehicle industry, is building its first European production facility in Kosice. The company will produce contact systems for battery cells, supplying mainly the upcoming Volvo plant in Valaliky, which is scheduled to start operations in late 2026 or early 2027. The government of Robert Fico approved…
Slovakia’s government has approved a draft law setting out a new framework for household energy subsidies, but critics warn it risks creating the country’s largest ever database of citizens’ personal and financial information. The legislation, passed on September 17, leaves open key questions about who will qualify for support. Economy Minister Denisa Sakova of Hlas…
South Korean company DH Autolead Slovakia, a part of the Donghee concern, officially opened a new plant on September 17 in the industrial park in Krasno nad Kysucou, northern Slovakia. The plant was built within a year of the company announcing its EUR 4.7 million investment and comes with ambitious plans: to become part of…
Entrepreneurs in Slovakia will soon face tighter restrictions on the use of company cars for private purposes, under measures unveiled by Finance Minister Ladislav Kamenicky of the ruling Smer party. Under the plan, vehicles purchased by firms will qualify for a full VAT deduction only if they are used exclusively for business. Once a car…
A 2023 reform let long-tenured workers quit early on favourable terms, straining public finances and draining key sectors of experienced staff. Slovakia’s decision to relax early retirement rules in 2023 triggered a mass exit from the workforce and saddled public finances with lasting costs. Former labour minister Milan Krajniak introduced a reform allowing anyone with…