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Slovakia
Slovakia: Exports Are Key Driver for Growth
Last year, Slovak exports were up by 9.4%. The main export products are automotive products and electronics. Germany is Slovakia´s main trade partner.
November 1, 2013
Slovak Banking Industry Records Growing Net Income
In the first nine months of 2013, Slovakia´s banking sector recorded a total net profit of € 449m.
November 1, 2013
Visegrad Countries Encourage Western Balkans to Join EU
Representatives from Poland, the Czech Republic, Slovakia and Hungary support the EU accession of Western Balkan countries.
October 31, 2013
Slovakia: Economic Sentiment Up Slightly
According to the results published by the Slovak Statistical Office, the economic sentiment indicator indicates a moderate economic upward trend.
October 29, 2013
CESEE: Poland is Most Business-Friendly
According to the latest “Doing Business” report published by the World Bank, Poland is the most business-friendly country in the CESEE region.
October 29, 2013
Czech Republic: Social Democrats to Win
Tomorrow, the Czech Republic will hold early elections. All polls are indicating a clear change in power. Bohuslav Sobotka is expected to become the next head of government.
October 25, 2013
Public Debt: CESEE Countries Below EU Average
At the end of the first half of 2013, the EU public debt quota reached 86.8% of GDP. Western Europe´s public debt level is significantly higher than in Eastern Europe.
October 23, 2013
Slovakia: New Burden for Insurance Industry
The Slovak government extends special taxes for companies operating regulated sectors. The bank tax will be abolished in the course of the next years.
October 21, 2013
IMF Warns of Financial Instability in CESEE
Due to the high non-performing loan quota and the deleveraging of Western banks, the countries of Central, Eastern and Southeastern Europe are still far from financial stability.
October 18, 2013
„Czech Republic Does Not Fully Use Its Potential“
Czech Prime Minister Jiri Rusnok thinks that the performance of the Czech economy is not dramatically bad. However, the Czech Republic must use its opportunities more effectively.
October 17, 2013
Poland: 70 Percent against Introduction of Euro
According to a recent survey carried out by Public Opinion Research Center (CBOS) as many as 70 percent reject the idea of introducing the Euro to Poland.
October 15, 2013
Moody’s: Poland Threatened by Outflow of Foreign Funds
Rating agency Moody’s evaluates the country being moderately exposed to the risk of foreign outflows.
October 14, 2013
Slovakia: Mixed Employment Situation
In Slovakia, employment fell in the construction industry and in the manufacturing industry. Wages were up in most sectors.
October 11, 2013
Slovakia: Industrial Production Grows Moderately
Industrial production index (IPI) increased by 4,4 % in August, compared with August 2012 as a result of a rise in manufacturing by 6,4 %. Production fell in electricity, gas, steam and air-conditioning supply by 7,1 %, in mining and quarrying by 11,7 %.
October 10, 2013
FriedlResearch has Published the Q3-2013 Company Report of Erste Group Bank AG
This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.
October 8, 2013
Latest Edition of the SWOT Report of Raiffeisen Bank International has been Published
FriedlResearch has announced the publication of the latest edition of the "Raiffeisen Bank International AG - SWOT Analysis & Company Report". This report contains in depth information and data about RBI and its operations and markets.
October 8, 2013
Raiffeisen Research: CESEE Deserves Better Credit Ratings
Analysts of Raiffeisen Research think that Austria´s sovereign debt rating is worse than the rating agencies say. The CESEE region, by contrast, is seen too critically, Raiffeisen Research argues.
October 4, 2013
Austrian Competitiveness Under Pressure
Last year, Austrian labor costs grew stronger than productivity.
October 1, 2013
CESEE: Consumer Loans Decline Considerably
Since 2008, Austrian consumers tend to refrain from consumer credits. In the CESEE countries, the downward trend is even more obvious.
September 29, 2013
Slovakia: Economic Upward Trend Supports Fiscal Targets
After six consecutive quarters of economic deceleration, Slovakia faces better economic data. The positive trend helps Slovakia´s government.
September 26, 2013
Hungary: Competitiveness of Industrial Sector Shrinks
Regarding Hungary´s competitiveness, there is a clear downward trend. This year, Hungary is expected to achieve an economic turnaround.
September 24, 2013
Czech Enterprises Will Not Cut R&D Expenses
According to a survey carried out by consulting company Deloitte, almost 90 percent of Czech enterprises will keep the amount of expenses in research and development unchanged or even increase the spendings.
September 23, 2013
Slovakia: Economic Forecasts Improves
The economic perspective for Slovakia remains rather gloomy. In 2014, Slovakia´s economy will reach the turnaround.
September 21, 2013
Banking in CESEE: Risk Provisions to Decline
Analysts of Austrian Erste Group expect the Eurozone and the countries of Central and Eastern Europe to recover. The banking sector participates in the economic upwsing.
September 20, 2013
CESEE Banking: Funding Improves
Regarding the stability of the banking system in the CESEE region, there are still substantial differences between the countries.
September 18, 2013
Bank Austria Considers Establishing Franchise Banks in Austria
The streamlining of the CESEE network of Bank Austria seems to take on a very concrete form now.
September 16, 2013
Austria: “Painful Cuts“ at RBI
According to the most recent results, the bank has losses in profits of more then 60 percent. A strict cost reduction program
August 22, 2013
Ukraine Diversifies Sources of Reverse Gas Supply
Ukraine plans on soon opening two more routes through Romania and Slovakia.
August 22, 2013
RBI´s CEO Sevelda: Drastic Losses in Hungary
Next week, Vienna-listed RBI (Raiffeisen Bank International) will present the results for the first half year of 2013. RBI will put effort into selective growth strategies.
August 17, 2013
Raiffeisen Bank International AG - SWOT Analysis & Company Report
This report contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.
August 8, 2013
Credit Crunch in CESEE?
The capital outflow in the CESEE region accelerates. The European Bank for Reconstruction and Development (EBRD) fears negative consequences for the real economy.
August 7, 2013
RBI Considers Withdrawing from Hungary
The Austrian banking group Raiffeisen Bank International wants to focus on other markets. Hungary and Slovenia are shrinking markets, CEO Karl Sevelda says.
August 6, 2013
Cautious Optimism in Slovakia
The economic outlook for Slovakia brightens slightly. The export-oriented country benefits from the stabilization in the Eurozone.
August 2, 2013
Erste Group Bank AG - SWOT Analysis & Company Report
This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.
July 12, 2013
Ukraine Looking for Alternative Gas Suppliers
Gas supply from Europe to Ukraine may stimulate pricing of Russian import.
July 8, 2013
Visegrad Four Support Ukraine’s EU Integration
At the V4 summit in Wisla/Poland Slovak President Gasparovic announced yesterday that the V4 countries are interested in Ukraine’s successful European integration, particularly in signing the Assciation Agreement with the EU.
July 4, 2013
Austrians to Invest Strongly in FDIs
Austrian investors have increased their direct investments in foreign countries by eleven percent to a total of € 145.5bn while FDIs in Austria remain unchanged at € 118.3bn.
June 26, 2013
Russia Pays Off Debt to Serbia and Slovakia
On Tuesday, the Russian Finance Ministry announced that the country has paid off a $ 2bn debt remaining from the Soviet era to Serbia and Slovakia.
June 19, 2013
Slovakia and Unicredit in a Dispute
In Slovakia a dispute between Unicredit and the state has incensed. This could negatively affect the planned merger with a Czech affiliate in 2014.
June 17, 2013
V4 Want Free Trade Zone Between EU and Japan
The Visegrad Four Group (V4), which consists of Poland, the Czech Republic, Slovakia and Hungary, support the creation of a free trade zone between the European Union and Japan.
June 17, 2013
Bulgaria: Sofia One Of Best European Destination for Manufacturing
The Bulgarian capital Sofia was labeled as one of the best destinations for opening a manufacturing plant in Europe.
June 13, 2013
Croatia to Expect Disciplinary Procedure by EU
The Ex-Yugoslavian country has to face harder scrutinizing than its CESEE peers which joined the EU in the last decade.
June 5, 2013
Over 2,000 Austrian Companies Now Represented in Slovakia
Lopatka: Agreement reached on Austro-Slovak Business Forum
May 16, 2013
Majority of Czechs Want to Keep the Koruna
A clear majority of Czech citizens reject the Euro and want to keep their national currency, the Czech Koruna.
May 14, 2013
Joint Energy Diversification Plans for Ukraine and EU
Ukraine and EU share Energy Diversification Plans - Energy Community Official.
April 30, 2013
Czech Republic: Schwarzenberg Threatens to Leave Government
Statements made by Czech President Milos Zeman concerning the dispute about the appointment of ambassadors during his recent visit in Vienna, have incensed Czech Foreign Minister Karel Schwarzenberg.
April 24, 2013
Slovakia: R&D Spendings Low But Increasing
Compared with other countries, Slovakia’s R&D spendings are little but slowly and steadily they are increasing. Among the countries with the highest growth rates of R&D spendings, Slovakia ranks 5th.
April 22, 2013
Schwarzenberg: „Slovenia Joining V4 Would Not Be Efficient“
V4 Foreign Ministers have declared disapprobation of Slovenia joining the group.
April 19, 2013
Moody’s Confirms Bad Outlook for Slovakia
Ongoing difficulties and slow economic growth in Eurozone are the main factors.
April 17, 2013
New Fiscal Rules in EU Six-Pack to Benefit CEE5
New fiscal rules should reduce risk of self-defeating austerity. There is no need for CEE countries to raise taxes if they stick to growth-friendly policies and cap real increase of expenditures below 1%.
April 15, 2013
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