AGP Executive Report
Last update: an hour agoAutomotive Manufacturing: German supplier Schaeffler plans 3,460 job cuts across Europe by 2028, with reductions also affecting Slovakia, as weaker demand and Chinese competition pressure the sector. Energy Storage: Bratislava-based INO-HUB Energy unveiled a commercial prototype of its vanadium flow battery, designed for long-duration storage and grid stability. Power Infrastructure: Voith will upgrade two units at Slovakia’s 735MW Čierny Váh pumped-storage plant, adding variable-speed equipment to improve flexibility as renewable power grows. Retail: Ahold Delhaize has agreed to buy Tesco’s Czech and Slovak businesses, reshaping ownership across two neighbouring markets. Air Connectivity: Austria’s airport-tax debate has highlighted Bratislava’s gains as airlines shift capacity from Vienna, which faces pressure from the levy.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.