Browsing Tag
Slovakia
22 posts
Tesco to sell Czech and Slovak businesses for €1.7bn as Ahold Delhaize expands in Europe
Tesco has agreed to sell its operations in the Czech Republic and Slovakia to Ahold Delhaize, accelerating its strategic withdrawal from international markets. The transaction promises additional shareholder distributions for Tesco while giving the Dutch supermarket group a larger Central European presence, although regulatory approval and integration economics remain important hurdles.
Volkswagen and Gotion plan €3.22bn battery alliance across three countries
The proposed partnerships span battery cells in Spain and Slovakia plus lithium iron phosphate cathode material in Morocco as Volkswagen shares capital requirements with its long-term Chinese battery partner.
US shifts $52m in military aid from Europe and Middle East to Latin America
The State Department will redirect $52 million from Slovakia, North Macedonia, Tunisia and Iraq toward Panama, Peru, Ecuador and Colombia as Washington prioritises the Western Hemisphere.
EU extends Russia individual sanctions by only seven days as Alisher Usmanov dispute blocks six-month deal
European Union governments have extended individual Russia-related sanctions only until September 22 after failing to reach unanimity on a normal six-month renewal.
Hyundai Mobis opens KRW250bn Slovakia EV plant with 280,000-system capacity
Hyundai Mobis has started full-scale production at its KRW250 billion Nováky plant in Slovakia, creating its first European manufacturing base for integrated electric powertrain systems as the supplier seeks more business from automakers beyond Hyundai Motor and Kia.
Serbia wildfire emergency brings EU helicopters days after Russian Il-76 deployment
Serbia has activated the European Union Civil Protection Mechanism after weeks of wildfire pressure, adding European helicopters and firefighters to a response already supported by a Russian Il-76 aircraft.
Italy puts every monitored city on red alert as Europe heatwave cripples power and transport
Italy has placed all 27 cities in its national heat-surveillance network under the highest warning level as record temperatures, drought and shrinking rivers disrupt nuclear power, shipping and tourism across Europe.
Slovakia referendum fails at 16.1% turnout, leaving Fico payments and anti-graft changes intact
Slovakia’s referendum failed with 16.1% turnout, preserving lifetime political payments and Robert Fico’s anti-corruption restructuring.
Norsk Hydro (NHY) revives Slovalco capacity under long-term Slovak power agreement
Norsk Hydro’s partial restart of the Slovalco aluminium smelter will restore strategically important European capacity, but the project’s dependence on power contracts, carbon-cost compensation and European Commission approval shows why regional industrial recovery remains fragile.
EU startup scoreboard exposes Europe’s scaleup divide despite policy gains across 20 member states
Europe’s startup scene is improving, but not evenly. The EU’s first scaleup scoreboard shows where policy works and where founders still hit walls.