Auto maker Volkswagen Slovakia has agreed with its workers and unions on a 4.8% increase of their monthly salaries, Webnoviny.sk reported. The agreement put an end to a one-week strike alert at the companys car assembly plant in the capital Bratislava. Unions had sought a 6.8% wage hike, while the companys initial proposal was for a 3.2% increase. Employees will also get two one-off payments EUR 200 in October 2012 and EUR 100 in January 2014. |
German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more
Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more
France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more