Tag Archives: Slovakia

One of Europe’s automotive manufacturing powerhouses, Slovakia, has been hit hard by tariffs and increased competition, which are threatening its role in the global auto market. Since the creation of the Bratislava Automobile Works (BAZ) in the 1970s, Slovakia has gradually developed its reputation as a major automotive manufacturer. It …

Slovakia criticized on Wednesday the European Commission’s roadmap to phase out imports of all kinds of Russian energy by 2027, particularly natural gas, claiming that it is “economic suicide” that will hurt the EU more than Russia. The European Union’s executive arm, the European Commission, on Tuesday unveiled a roadmap …

Slovakia may consider reciprocal measures against Ukraine if it doesn’t allow the transit of gas from Russia to Europe. Slovak Prime Minister Robert Fico said he was taken aback by Ukrainian President Volodymyr Zelenskiy’s refusal to allow flows after the two leaders spoke at a summit in Brussels. Zelenskiy said …

On December 1, Azerbaijan’s state oil company, SOCAR, started supplying natural gas to Slovakia’s Slovenský plynárenský priemysel (SPP), the country’s largest state-owned energy operator. This comes just a month after SPP signed a short-term pilot contract to buy natural gas from Azerbaijan as it prepares for a possible halt to …

Talks aiming at agreeing an EU-wide ban on Russian oil imports have gone into a sixth day. Hungary, Slovakia, the Czech Republic and Bulgaria are resisting approval and demanding special dispensations to accommodate domestic needs. The main point of contention remains the ambitious timeline envisioned by the European Commission: a …

Slovakia is willing to pay for Russian gas in rubles to keep its gas supply, the country’s Economy Minister Richard Sulik said on national television on Sunday. “If there is a condition to pay in rubles, then we will pay in rubles,” Sulik said, adding that the EU member state …

Ukraine saw a 32.7% decrease in gas imports in 2016 from 2015. to 11.078 bcm.

The NIOC has increased exports to European customers to 700.000 barrels per day.