AGP Executive Report
Last update: 4 hours agoEnergy Policy: Slovakia will restart talks with Russia in Moscow on October 26, with oil, gas and nuclear cooperation on the agenda. The move comes as the EU plans to phase out Russian gas by late 2027. Nuclear Power: Mochovce’s fourth unit has begun supplying the grid; at full capacity, it is expected to cover about 13% of Slovakia’s electricity use and strengthen energy independence. Industrial Costs: Slovakia and its Visegrad partners want more flexible EU funding to help companies manage high energy prices, including support for operating costs and equal treatment for nuclear power. Automotive Investment: Volvo’s new Košice-area factory is planned to produce up to 250,000 vehicles a year, bringing jobs and investment to eastern Slovakia and supporting the country’s role in the electric-vehicle supply chain. Construction: Slovak construction output fell 4.9% in August from July and was also down 4.9% year on year, among the EU’s steepest declines.
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