The pandemic and sustainable transportation

COVID-19 has changed many things and it is likely to reshape the way we think about the world. The pandemic not only magnified structural problems in key sectors, but it also attracted attention to environmental topics. The vulnerability of our interconnected societies to unexpected shocks has become painfully clear. At the same time, many (re)discovered the importance of nature and the advantages of a healthy lifestyle.

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Sascha Carrez: Why you shouldn’t listen to your gut!

I recently made the decision to reduce cooking services in Belgium, to focus more on the expansion of Indalo Farma. Since we started the company in 2015, all expenses from rent to payroll were covered by our cooking services. It gave us the room to invest in our brand, Indalo Farma. Then Covid-19 came, with the worst timing that we could have imagined, just before our harvesting season.

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Plastics in Danube

Plastics have brought many benefits to society, but today the problem is that the current methods of their production and use and the disposal of plastic waste is creating a global environmental disaster. If we do not change this, some scientists believe that by 2050, it is possible there will be more plastic waste in the oceans than fish by weight.

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Katarína Miklošová
They bet on quality and today they lead the market

When Študio-21 plus was founded in 1993, when the environment, smart solutions for public spaces, and cycling in general were at the margin of society’s interest. However, the founders believed that by their activity and implemented projects they would gradually succeed in convincing the public, cities, municipalities and developers that these topics are worth looking into.

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CIRCULAR SLOVAKIA IS EXPANDING ON STRONG COMPANIES

On 29 June 2020, the national platform for circular economy CIRCULAR SLOVAKIA is expanding on 20 companies. By singing the joint declaration the companies voluntarily commit supporting circular economy in Slovakia and actively contributing to sustainable change. Strategic planning, peer discussions, awareness raising, experience and knowledge exchange as well as other elements will enhance business in circular economy in Slovakia.

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These 5 business lessons are helping me until today

Deep preparation has always been the basis for my success. It was even more important when I started to work as a sales manager for leasing company. I had no knowledge about cars & leasing, but sales-drive and motivation were part of my body. I was studying all available information in the evenings like a student at school. As a saleswoman, I had to do everything by myself, from arranging meetings, through calculations of operational leasing, credit check process to preparing and finalizing the contract with the customer.

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Slovakia during Covid-19

Then a second question will arise, and that is how the government is willing to support local businesses when they are faced with a crisis beyond their control. I’m not so sure that Slovakia will then stand the test compared to some of its peers. Yes, Slovakia has one of the lowest casualty rates and number of people diagnosed with Covid-19 in Europe. That is thanks to the fact that it reacted rapidly and closed the first schools on 6th March, only 2 days after the first infected patients were confirmed. The country went into a soft lock-down as from 14th March.

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The role of technology in HR and financial operations

Advances in technology can help in all aspects of running a business more effectively. Incorporating technology into today’s ever increasingly complex world and changing global economy is imperative and should be part of your business’ key strategies. Digitisation, artificial intelligence, self-driving cars, robotics – these buzz words are everywhere. Is this really the future, or just more trends that Wall Street and many others are betting on? Is it only reality for the Googles and Apples of our world, or also for Slovakia?

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AI in CEE: Time for Reflection

The advent of Artificial Intelligence (AI) applied to manyeconomic sectors and driving Industrial Revolution 4.0. will likely bring a large increase in output and labour productivity to the economies of Central andEastern Europe. This is because the nature of work will change due to robotization and the application of AI to new technologies will likely bring revolutionary breakthroughs. Our lives, professional and personal, will be transformed in fundamental ways. According to the McKinsey Global Institute, the annual contribution of AI to GDP could be as high as 7% in the future unfolding gradually in the coming years.This is anenormous boost to world GDP and, if harnessed properly, can enhance prosperity in many places, including in the CEE.

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9 Things you need to know about new «guaranteed» e-invoicing

The new law on “guaranteed” electronic invoicing and the central economic system came into force on 1 August this year. For businesses it does not mean any direct change yet, but it starts opening the door for a revolution in the future. It is therefore important to monitor these changes. We’ve selected 9 things, you need to know about “guaranteed” e-invoicing for now, so you can evaluate the impact of the law on your business. The law currently approved is only the transposition of European legislation in Slovak legislative environment.

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From IoT to AIoT: Digital transformation becomes smart automation

The Internet helped usher in the fourth industrial revolution. Digital twins and AI are the latest emerging technologies pushing digital transformation to a whole new level at the cusp of the fifth industrial revolution. The exponential growth of new technologies is disrupting established forms and models across all industries. Although digital transformation permeates all areas, manufacturing (industry) and logistics (transport) belong to the forefront of early adopters when it comes to new (disruptive) technology, solutions and concepts.

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Smart cities of the future use blockchain to engage citizens

FUERGY is the unique AI-powered solution that utilizes blockchain to help users optimize their energy: consumption, maximize efficiency and receive benefits for their participation in the energy market. Smart Cities are more than just sensors ushering you to an available parking space, standby street lights, or drones monitoring air quality. Citizens are the most important component in the smart cities of the future.

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Driving change: how banks can support the transition to a circular economy

The concept of the circular economy has become an increasingly popular business model in recent years. But despite its obviousness, widespread implementation still has a long way to go. In order to start realizing this vision, we need to first understand exactly what it means to move from a linear to a circular model and how banks and other financial institutions can accelerate this transition. 

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Businesses in the circular economy

The term “circular economy” has become more and more frequent in everyday vocabulary. The circular economy can be defined as a new way of thinking, even a new business model – a system that continuously reuses materials to create added value. A system that can help to tackle the consequences of climate change, and also improves the quality of life. A transition to circular economy calls for a profound change in the way we work and produce, as well, as we design, teach, invest, and buy.

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