Czech companies dominate Deloitte CE Tech Fast 50 — but new destinations emerge

Clare Nuttall in Glasgow October 21, 2019

Ranking of fastest growing CEE tech companies led by Lithuania’s Voltas IT includes 31 new entrants reflecting hyper rapid pace of tech sector development in the region.

Slovakia's unemployment rate up to 5.04% in September

bne IntelliNews October 21, 2019

The unemployment rate in Slovakia was 5.04% in September, up by 0.07 percentage points (pp) month on month, according to the data from the Labour, Social Affairs and Family Centre (UPSVR) published on October 18.

Slovak financial administration uncovered the biggest illegal factory in central Europe

Nelly Tomchikova in Prague October 18, 2019

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.

Slovak August's industrial output recorded the biggest drop since July 2016

Nelly Tomchikova in Prague October 13, 2019

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

Pan-European wave of consolidation threatens to ground small Central, Southeast European airlines

Clare Nuttall in Glasgow October 4, 2019

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.

Slovak central bank lowered its economic growth forecast for 2019 and 2020

bne IntelliNews September 26, 2019

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

Tesla hopes to open stores in Croatia, Serbia and Slovakia in early 2020

bne IntelliNews September 24, 2019

"Finally, we will do Nikola Tesla proud by having his cars in his countries of origin!" said Tesla CEO Elon Musk.

Czech Prime Minister Andrej Babis falls two places to rank fourth richest man in a Czech-Slovak wealth ranking

Nelly Tomchikova in Prague September 24, 2019

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 unemployment rate at 4.97% in August

bne IntelliNews September 23, 2019

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.