The head of Slovakia’s state-owned gas utility SPP has resigned unexpectedly after two years in charge, stepping down from both his role as director general and chair of the board. Vojtech Ferencz gave no reason for his departure, which was first reported by the SITA news agency and confirmed by Economy Minister Denisa Sakova. “I…
The country has already spent more than EUR 1 billion on interest payments this year, as high deficits and rising rates put pressure on public finances. Slovakia’s political leaders are grappling with a growing financial headache as the country faces historically high costs to service its national debt. Official figures show that Slovakia has spent…
Slovakia will launch a new direct air connection between Bratislava and Kosice in late November, reviving a long-discussed route with the help of state subsidies aimed at strengthening east-west transport links and boosting the role of the capital’s airport. Transport Minister Jozef Raz announced on August 22 that Hungary-based low-cost carrier Wizz Air had won…
An upcoming solar plant in southern Slovakia will be larger in size than the nearby village. After developing projects in Hungary, French energy provider Voltalia plans to build a solar plant with a capacity of 44.2 megawatts near the village of Velky Blh in the Rimavska Sobota district. Covering 77 hectares, the facility will rank…
Slovakia is set to begin construction on a long-delayed motorway through the northern Kysuce region after the country’s procurement authority dismissed the last in a series of legal challenges that had paralysed the tender process for months. Transport minister Jozef Raz, a nominee of the governing Smer party, said he expected diggers to appear on…
Following the announcement of a new route to Bucharest, Romania earlier in July, low-cost carrier Wizz Air has now confirmed it will introduce 12 additional regular routes from Bratislava Airport starting this winter season in November and December. The new destinations will include Plovdiv and Varna in Bulgaria, Athens in Greece, Naples, Lamezia Terme and…
German automotive supplier ZF Friedrichshafen plans to close its manufacturing plant in central Slovakia until mid-2026, a move that will gradually affect approximately 250 workers. The decision is part of a wider cost-cutting and restructuring initiative, as the company responds to declining European car production and broader financial pressures. The Detva facility, which produces components…