AGP Executive Report
Last update: 8 hours agoNuclear Power Milestone (Slovakia): Slovenské elektrárne sealed the reactor vessel of Mochovce Unit 4 and began physical start-up testing, aiming for first grid electricity by end of summer 2026 and a potential record 77.5% nuclear share once fully ramped up. Aerospace & Defence (Czech/Region): Embraer delivered the first C-390 Millennium to the Czech Air Force, while Embraer and Anduril signed an MoU to integrate Anduril’s pallet-launched Barracuda-500M cruise missile onto the C-390, signaling a push toward multi-mission airlift. Industrial Energy & Metals (Hydro): Norsk Hydro reported higher Q2 adjusted EBITDA on stronger aluminium prices and recycling, alongside lower hydrology-driven power generation, and outlined a Slovalco smelter restart of 75,000 tonnes in the second half of 2026. Logistics & Trade Infrastructure (Poland): Poland is building a €2.3bn deepwater port and container terminal at Świnoujście with dual-use ambitions, targeting regional supply chains for landlocked neighbours including Slovakia. Construction & Economy (EU): Eurostat said construction output rose 0.4% in the euro area and 0.3% in the EU in May, with Austria, the Netherlands and France posting the biggest monthly gains. Aviation & Connectivity (Bratislava): Bratislava Airport posted its strongest financial performance in 17 years in 2025, with continued passenger recovery and profitability. Security & Supply Chains (EU/Slovakia-linked): A report says foreign drones breached European airspace 144 times (Aug 2024–Feb 2026), repeatedly disrupting airports and probing sensitive sites; Slovakia is cited among countries acquiring Israeli air defences. Tax Crime (EU): EPPO secured convictions in Italy over a plastic-products VAT fraud scheme worth about €100m in lost VAT, with prison terms and asset confiscations. Manufacturing Reshuffle (Czech): Zetor Tractors confirmed it is moving tractor production from Europe to Asia, citing high energy, labour and material costs, with 33 jobs affected at Brno.
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