Slovakia, officially named the Slovak Republic, is a landlocked country in Central Europe with a population of over five million and an area
of about 49,000 square
kilometres. The largest
city is Bratislava,
Slovakia is divided into 8 regions, each of which is named after its regional capital. The regions are subdivided into many districts. In the past, Slovakia had 79 districts, which are no longer part of the official administrative system, but the country has maintained them for different purposes.
In terms of economy and unemployment rate, the western regions are more prosperous than the east. Slovakia is best known for its pistine nature in the countryside: mountains make up two-thirds of its land, 40 percent of which is covered by forests.
The region of Bratislava is the country's smallest in terms of area, but its most densely settled and urbanised, with 296 inhabitants per square kilometre, about three times the Slovak average. Bratislava, the capital, had a population of 426,091, or 70 percent of the total inhabitants of the region. The Bratislava region is bordered by the Danube to the south and the Morava to the west. It consists of the Záhorie lowlands in the far west of the country and the Podunajská nížina (Danube lowlands) towards the Hungarian south, divided by the heavily forested Malé Karpaty (Small Carpathian mountains) range.
The south-west Trnava region is a strangely shaped body of land that encloses Bratislava region and borders on the Czech Republic, Austria and Hungary. It is the second smallest region after Bratislava, and the smallest in terms of area.
The south-central Nitra region is Slovakia's agricultural heartland. Flatter and warmer than the rest of the country, its soil and terrain are best suited to farming.
The north-west Žilina region is a rugged area that borders on the Czech Republic and Poland. It includes no fewer than seven mountain ranges: the Tatry and Nízke tatry (Tatras and the Low Tatras), the Veľká and Malá Fatra (Greater and Lesser Fatras), the Chočské vrchy (Choč Mountains), the Javorníky and the Strážovské vrchy (Strážov Mountains). The region is also dominated by national parks
Banská Bystrica region, the country's largest in terms of area, lies in the southern part of Central Slovakia. With its extensive forests and hilly terrain, it is the least densely settled region.
The north-east Prešov region is Slovakia's most physically spectacular, but poor and sparsely settled as well. It borders on Poland and Ukraine, and contains five national parks. Less than half of the inhabitants of the region live in urban settings.
Košice region is a largely flat and poor area in the southeast of Slovakia bordering on Ukraine and Hungary. With a population of 773,000, it is the second largest region while with about one third of the total inhabitants of the region, the capital Košice is Slovakia's second largest city and is the industrial anchor of the east of the country.
The north-west Trenčín region is a relatively wealthy and developed part of Slovakia, bordering on the Czech Republic. It is hilly but not rugged, and has an unusually high (55 percent) proportion of inhabitants employed in industry, making it the second most heavily industrialised region after Bratislava.
New shopping centre in Bratislava Bory Mall, located between the Lamač and Devínska Nová Ves districts, opened on November 13. The total investment of the project is more than €150 million, including the preparation of the land and construction. The main investor is financial group Penta.
Košice’s Kasárne/Kulturpark project, designed by Irakli Eristavi in cooperation with Pavol Šilla, Gabriel Boženík, Marcel Benčík, Milan Vlček and Silvia Šillová, won the Cena ARCH 2014 award, the SITA newswire reported.
A new multifunctional complex worth €450 million should be built on the premises of the former industrial zone Matador in Bratislava’s Petržalka borough. The investor, the company P.G.A., has already submitted the project comprising residential, shopping and administrative spaces to the Slovak Environmental Agency, the TASR newswire reported.
Even though there are already some green office buildings in Slovakia, their share is still quite small. Yet developers admit that being green is increasingly important.
THE SALE of flats in new buildings in Bratislava in third quarter of the year dropped significantly compared to the previous quarter, an analysis by Bencont Investments showed. A positive result is that the average price per square metre also decreased, the TASR newswire reported.
The real estate market in Slovakia was stable in October, with the rental health index standing at 2.59 points. This may be the second highest amount of trading in the market, after record numbers in the spring, as illustrated by recent data from the National Association of Real Estate Agencies of Slovakia (NARKS).