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Slovakia’s economy should recover strongly after the pandemic The country’s GDP is expected to rise by 4.7 percent this year, according to the International Monetary Fund. Illustrative stock photo (Source: TASR) Font size:A + Slovakia has faced the Covid-19 pandemic from a position of strength and effective policy support has limited the economic fallout. Economy to rise, but risks remain The output contraction of 4.8 percent in 2020 was milder than the eurozone average reflecting a sizable and timely policy response and resilient external demand. An array of measures deployed by the auth...

The agreement will interconnect the best Slovak talents with one of the best universities in the world.

First eco-truck will arrive in Slovakia Vehicle using biodiesel should reduce greenhouse gas emissions. The eco-truck using pure biodiesel will soon be put on Slovak roads. (Source: SITA) Font size:A The Biojazda.sk project, launched by the Yellow Express carrier, aims to prove that this kind of freight transport is efficient and suitable for Slovak roads. The eco-trucks are expected to help reduce the total emission of greenhouse gases generated by transport, the SITA newswire reported. Various alternatives attempted The Yellow Express company has been finding ways to make its fleet greener ...

Smithfield Foods buys Penta's meat-processing business Mecom will fit into their growth plan in Europe, the buyer said. (Source: Sme) The buyer is a global leader in the meat business, the U.S.-based company Smithfield Foods. An earlier version of this story read that Smithfield Foods is an American company. The company, founded in the USA in the 1930s, was in fact bought by Hong Kong-based WH Group in 2013. Both sides agreed that the sum of the transaction will not be made public and the transaction will be concluded once the respective authorities in Slovakia and Hungary approve it.