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| Weekly update on Slovak economy and business |
| Bratislava, 12.10.2008 |
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| (September 30 - October 6)
September 30
In September y/y inflation in the euro-zone is expected to be 3.6% according to the flash estimate published by the EU statistical office, Eurostat.
As of October 17 radio broadcast companies can apply for one of 26 frequencies. The Broadcast and Retransmission Board (RVR) called a tender for these free frequencies and for the frequencies of Radio Okey and HIT FM. The Director of the RVR Office, Ľuboš Kukliš told the SITA press agency that the tender concerned two free frequencies that were used by Radio Dúha and all the 13 frequencies of Rádio Okey and all the seven frequencies of Rádio HIT FM. The frequencies offered also include eight of the so-called Geneva frequencies (GE).
OCTOBER 1
Slovenské elektrárne, a.s. (SE) will meet the deadline for the completion of the 3rd and 4th block of the Mochovce nuclear power station (EMO) according to the director of Slovenské elektrárne, Paolo Ruzzi at the SES 2008 international conference. “The two units will be completed in 2012 and 2013 respectively,” he said. He also stated that in August of this year the Office for Nuclear Supervision of the SR also approved improvements to the EMO project and the investor planned to increase the safety of the nuclear power plant.
The Prague Energy Exchange started trading electricity for Slovakia.
Česká poisťovňa-Slovensko (ČPS) and Generali Poisťovňa completed their integration process and merged into Generali Slovensko poisťovňa.
A new drug categorisation entered into force. Patients will not have to pay for 1 461 of 4 575 drugs. The last change to the categorisation was introduced at the beginning of July. At that time the list contained 4 544 medicines of which 1 432 were free of charge for patients.
Effective as of next year, the childbirth bonus will also be payable to parents at the birth of their second or third child. Together with the general bonus payable at the birth of any child of 4 560 Sk (151.37 €) parents of one to three children will receive at the birth of their child a state bonus of 25,000 Sk (829.85 €) if the child lives for at least 28 days according to a draft amendment to the Act on childbirth bonus as approved by the cabinet.
Cabinet approved the proposal of the Ministry of Finance to introduce a special bonus for people on low income.
Slovenská elektrizačná prenosová sústava, a.s. will not approve all the wind park projects in Slovakia. The executive director of the development and technology division of SEPS, a.s, Miroslav Gramblička, stated during the SES 2008 international conference that a study of the impact wind power plants may have on energy network indicated that by 2014 investors planned to build in Slovakia wind power plants with a total installed output of 5 100 megawatt (MW). “That is sheer fantasy as the network cannot handle such volumes,” he said.
The President of SR, Ivan Gašparovič signed an amendment to the Act on prices.
German manufacturer and distributor of material handling equipment and rack systems, Jungheinrich, has officially opened its new building in a logistic park in Senec. The investment totalled around 70 mil. Sk (2.324 mil. €).
OCTOBER 2
In Slovakia investors plan to build four small hydroelectric power stations at a total cost of 788 mil. Sk (26.16 mil. €). The companies, Energo-Aqua, a.s., Hydroenergia, s.r.o. and Velma ZH, s.r.o., have submitted their investment plans for Environmental Impact Assessment – EIA. These small power plants will produce more than 28 600 megawatthours of electricity. Three of them are to be built on the River Hron and one on the River Váh.
Women in EU should be entitled to at least 18 weeks of maternity leave. The European Commission proposed that all EU member countries should implement legislation that would grant women at least 18 weeks maternity leave and during this time they would either receive full salary or would be paid the same amount as on sickness leave.
OCTOBER 3
One day after the Hungarian cabinet expressed its concerns about the situation in Slovakia, the cabinet of Robert Fico informed Budapest that it did not approve of the activities of the Forum of Hungarian Representatives of the Carpathian Basin, nor did it approve of the fact that the Hungarian cabinet was commenting on the structure of the Slovak coalition.
The gas utility SPP will not have to pay 209 mil. Sk (6 937 529 €) for the so-called Ducky bianco bills of exchange to a bankruptcy trustee of Moravia banka.
OCTOBER 6
The German company, GeWIS, plans to invest 315 mil. Sk (10.456 mil. €) in a new plant in Prievidza according to an investment plan the company presented for an Environmental Impact Assessment – EIA. The company plans to produce metal components for cars and agricultural machinery.
[8.10.2008, TREND / Tosca Cicuttová]
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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