The Slovak Financial Administration has uncovered the biggest illegal cigarette producing factory in central Europe in Slovakia, according to its press release from October 16.
Slovakia ́s industrial production recorded a year-on-year decline of 8.1% in August, the biggest drop since 2012, mostly due to a 9.5% decrease in industrial manufacturing, following a 2.8% increase in July, the Slovak Statistical Office (SSO) announ
Slovenian national carrier Adria Airways's decision to file for bankruptcy followed the demises of a series of other European airlines against the underlying trend of an air transport market in the throes of consolidation.
Slovakia’s National Bank (NBS) confirmed analyst’s expectations and worsened the country's economic growth outlook for 2019 and 2020 to 2.5% and 2.4%, respectively
"Finally, we will do Nikola Tesla proud by having his cars in his countries of origin!" said Tesla CEO Elon Musk.
The 2019 ranking of the 50 richest Czechs and Slovaks compiled by the Euro weekly shows some significant changes. While Czech billionaire Petr Kellner remains top dog, the Czech Prime Minister Andrej Babis (ANO) has fallen two spots to number four.
Slovakia ́s registered unemployment rate stood at 4.97% in August, remaining unchanged month-on-month, dropping by 0.45 percentage points (pp) year-on-year, announced by the Labour, Social Affairs and Family Centre on September 23.
Slovakia's GDP growth is expected to slow to 2.4% year-on-year in 2019, according to the latest prognosis published by the Finance Ministry