Slovak companies demand rental flats for employees

Slovak companies demand rental flats for employees

Published at: 2019-05-14 09:30 | Author: CIJEurope.com
In reaction to the worsening labor shortage, a Slovak association of business owners called Klub 500 is pushing the government to allow companies to build standard rental flats for its employees and their families. But Slovak Ministry of Transportation and Construction has refused to consider enabling companies to build anything other than dormitories. Klub 500 claims that even the conditions proposed for the construction of such dorms are likely to prevent companies from doing even that. The pressure group says that the availability of rental flats would help improve labor mobility, something which would help companies in their current difficulties in finding new employees.

State support through loans is currently to be offered only to employers for the construction of rental units on the condition that the units be leased to employees on a sublet basis. Klub 500 says these companies (including Volkswagen SK) would prefer to let private investors build the flats themselves, rather than involving themselves in non-core business activities.

Similar Stories:

Deloitte: No let up in Czech residential inflation
Residential prices in the Czech Republic rose 10 percent over the last year to an average  »
Bratislava mayor spearheads drive to build new communal apartments
With prices of flats growing beyond the ability of Slovakia's middle class to buy the  »
Matexi to build resi project in Kraków
Matexi has secured a building permit for its new residential project, which will go up alo  »
Unibep to build Nordic Sadyba project in Warsaw
Unibep is planning to start work on a residential project on Nałęczowska Street in Warsa  »
Where do you see your company going over the next two years? Since I became GM of the co   »
Construction has begun on Bispevika, a brownfield project along Oslo’s waterfront that   »
PSN has sold 350,000 sqm of land to the dominant Czech residential developer Central Group   »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »