Articles by 'SITA - Slovak News Agency'
BHP will buy Grand Hotel Kempinski in Tatras in February
Best Hotel Company Properties SpA (BHP) plans the acquisition of Grand Hotel Kempinski High Tatras in mid-February this year. Branislav Babík, chairman of BHP, informed about this on Tuesday. The…
Slovak Antimonopoly Office approved takeover of SkyBau by Skanska SK
Slovak Antimonopoly Office (PMÚ) approved the concentration of the companies Skanska SK, a.s. Bratislava and SkyBau, s.r.o. Žilina. The authority stated that the share of Skanska SK in the…
Nitra: investor wants to build new flats at Klokočina housing estate
A total of 135 new flats will be built at the Klokočina housing estate in Nitra. The company Camelot Nitra s.r.o. wants to build two blocks of flats on the boundary of Hviezdoslavova and Kmeťova…
Construction industry: production in Slovakia in November grew
November construction output in Slovakia developed month-on-month and year-on-year better than Eurozone as well as European Union average. Seasonally adjusted construction output of the Eurozone…
Economic freedom in Slovakia worsened last year
Economic freedom in Slovakia worsened in the past year. The current Heritage Foundation index of economic freedom shows this. According to this year's listing, Slovakia was ranked 37th among nearly…
Kempinski Hotel River Park changed owner
Best Hotel Properties, a.s. bought Kempinski Hotel River Park from the company Bratislavské nábrežie, s.r.o. The investment is EUR 59.7 million excl. VAT. The company BHP informed about this on their…
Slovakia will request extension of moratorium for sale of land
On Wednesday, the government approved a proposal for extension of moratorium for purchase of agricultural land and forests by foreigners for another three years, until 30th April 2014. At the same…
Rents in Aupark Tower grew slightly last year
Prices of rents in the administrative building Aupark Tower recorded slight growth last year. As Roman Karabelli, spokesperson for HB Reavis Group – the company behind the Bratislava project – said…
November inflation in Slovakia below OECD average
Year-on-year growth of consumer prices in the OECD (Organization for Economic Co-operation and Development) countries decreased in November to 1.8 % compared to 1.9 % in October. The slowing of…
ACS increased its stake in Hochtief to key 30 %
Spanish construction company ACS has increased its stake in voting rights in their German competitor Hochtief above the key 30 per cent threshold. On Tuesday the group announced a share of 30.44 %.…
Slovak economy will grow by 3.5 %
Slovak economy should, according to bank analysts, grow slightly slower in the next year than expected still a month ago. According to regular survey by National Bank of Slovakia among analysts, the…
D1 motorway may be completed in 2016
The main D1 motorway between Bratislava and Košice may be completed before the end of 2016 at the earliest. A condition of this is handing over all the missing sections which were supposed to be…
Investors soon to see change in provision of incentives
Foreign and domestic investors are awaiting a change in the rules for providing investment incentives. “The law is already obsolete and dysfunctional. As far as I know, Ministry of Economic Affairs…
Slovakia is said not to be ready for Chinese investors
Slovakia is not ready for the arrival of investors from China yet. As stated by the head of the Slovak Investment and Trade Development Agency (SARIO) Robert Šimončič, it is necessary to have very…
Iain Child new partner at Penta
Iain Child will become a new partner of the Central-European investment group Penta from December 2010. He will increase the current number of 5 partners – Marek Dospiva, Jaroslav Haščák, Martin…
