O famoso toque da Nokia ouve-se há mais de 120 anos
Slovakia is voting in nationwide municipal and regional elections on Saturday, 24 October, providing the first major electoral test of Prime Minister Robert Fico’s government since a series of parliamentary disputes weakened his governing coalition.
According to figures released by Slovakia’s national news agency, almost 4.41 million people are eligible to vote across 2,926 municipalities, towns and city districts. Polling stations opened at 7am and will close at 8pm local time.
Voters are choosing mayors, municipal councillors, governors and representatives of Slovakia’s eight self-governing regions. In Bratislava and Košice, they are also electing district mayors and councils.
Although the elections concern local administration, their political significance extends beyond municipal government. They offer an indication of the relative strength of Fico’s governing Smer-SD party and the opposition Progressive Slovakia movement ahead of parliamentary elections due by September 2027.
One of the most closely watched contests is in Bratislava, where incumbent mayor Matúš Vallo is seeking another term against Transport Minister Jozef Ráž, who is standing as an independent candidate.
Vallo is supported by an alliance comprising Team Bratislava, Progressive Slovakia, Freedom and Solidarity (SaS) and the Democrats. Ráž, although formally independent, is a minister in Fico’s government.
The contest has acquired a distinctly national character. Vallo and Bratislava regional governor Juraj Droba have campaigned against extending Smer’s influence over the capital and its regional administration.
Bratislava is also politically significant because its electorate has traditionally provided substantial support for liberal and pro-European parties, in contrast to the stronger position enjoyed by Smer in parts of rural Slovakia.
The latest national opinion surveys suggest a closely divided electorate.
An Ipsos survey conducted between 15 and 19 October placed Progressive Slovakia first with 18.6 per cent, marginally ahead of Smer-SD on 18.4 per cent. The difference was statistically insignificant.
The nationalist Republika party ranked third on 10.8 per cent, while Fico’s coalition partner Hlas-SD attracted 6.6 per cent. The Slovak National Party (SNS), another governing partner, stood below the parliamentary threshold.
The figures suggest that Fico could struggle to reproduce his present parliamentary majority. However, the opposition is also divided, and current projections do not establish a straightforward route to an alternative governing coalition.
The immediate challenge for Fico is maintaining sufficient parliamentary support to govern until the scheduled election.
As EU Today reported in September, parliament voted to remove Environment Minister Tomáš Taraba after SNS deputies joined the opposition, exposing divisions within the governing alliance.
Those tensions have continued to affect parliamentary business. On 14 October, the government secured approval for its 2027 budget by just 76 votes in the 150-member National Council, the minimum required for an absolute majority.
The budget increases the projected deficit to 4.94 per cent of GDP, despite warnings from Slovakia’s fiscal watchdog about rising public debt. Fico has defended the spending plans as necessary to protect households, pensions and public services.
The elections are also taking place against a widening disagreement between Fico’s government and much of the European Union over Russia’s war against Ukraine.
Since returning to office in 2023, Fico has ended government-funded military assistance to Kyiv, challenged EU sanctions on Moscow and repeatedly called for negotiations with Russia. Commercial Slovak arms exports to Ukraine have nevertheless continued.
His position has extended to NATO’s collective defence commitments. In September, Fico questioned the prospect of Slovakia becoming involved in a military conflict under Article 5 of the North Atlantic Treaty.
Article 5, however, requires member states to assist an ally subjected to armed attack, while allowing each government to determine the measures it considers necessary. It does not automatically require every member to deploy combat troops.
The latest development concerns Slovakia’s decision to resume formal bilateral consultations with Moscow.
On Monday, 26 October, two days after the elections, Slovak and Russian officials are scheduled to meet in Moscow for discussions covering energy, nuclear cooperation, oil and gas supplies and other economic sectors.
It will be the first meeting of the bilateral intergovernmental commission since Russia launched its full-scale invasion of Ukraine in February 2022.
Bratislava maintains that dialogue with Russia is compatible with Slovakia’s EU and NATO obligations. The initiative nevertheless reinforces Fico’s different approach to Moscow at a time when the EU is seeking to reduce Russian energy imports.
Saturday’s vote will not directly determine whether Fico remains prime minister. Local contests involve independent candidates, regional alliances and municipal priorities that do not necessarily correspond to national party preferences.
Nevertheless, results in Bratislava, Košice and the country’s eight regions will provide evidence of the government’s ability to mobilise supporters and the opposition’s capacity to turn favourable opinion polls into electoral victories.
No official exit polls are planned. The Slovak Statistical Office will publish results progressively after polling stations close, with counting expected to continue overnight into Sunday, 25 October.
For Fico, the results will offer an indication of whether his coalition can recover political ground before the next parliamentary election or whether its internal divisions are beginning to translate into losses at the ballot box.
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Finland will donate diesel locomotives to Ukraine’s state railway, the Office of Ukraine’s President reported. Helsinki also pledged new winter aid, and the two countries signed deals on drones, housing, and satellite communications during Finnish Prime Minister Petteri Orpo’s visit to Kyiv. One of them is a first step toward a satellite link Ukraine would control itself.
With Russia replacing its missiles as fast as it fires them, Ukraine heads into winter needing equipment that works without the grid. Russian strikes have damaged or destroyed almost 600 locomotives of Ukraine’s state railway since the full-scale invasion began, more than 300 of them diesels, the infrastructure minister said. The attacks have reached engines even near the Polish border, on the railway that carries Ukraine’s evacuations, grain, and cargo.
Finland will hand 10 locomotives and their spare parts to Ukrzaliznytsia, Ukraine’s state railway, free of charge. Infrastructure Minister Mykola Kalashnyk announced the deal, signed on 22 October at a Ukrainian-Finnish business forum. The engines need no power from overhead lines, so trains can keep running during blackouts.
The engines are Dv12 diesels that VR, Finland’s state rail company, is taking out of service. A VR shareholders’ meeting moved them into state ownership, and the Finnish state is donating them, Yle reported. VR puts their value, spare parts included, at about €2.1 million. Finland’s government said the gift will not affect VR’s ability to run trains at home.

Ukrainian Prime Minister Serhii Koretskyi and Orpo signed the donation certificate, one of seven documents signed that day. Two others plan Ukrainian-Finnish drone production in Finland, one for military and dual-use systems and one for heavy drones. Another covers a precast concrete plant for industrial housing construction.
The day’s agreements are worth around €300 million in total, Zelenskyy said. Projects worth €200 million are already under way within the two countries’ Drone Deal, he added. Under an earlier plan, most drones made in Finland would go to Ukraine.
Orpo announced a new €10 million package. Of it, €5 million goes to the Ukraine Energy Support Fund and €2 million to humanitarian aid for winter. The last €3 million goes to the Ukraine Recovery Program, for energy and water supply. Finland will also deliver mobile heating containers by December.
Finland has given Ukraine five defense packages this year, worth more than €500 million combined, Militarnyi reported. A 36th package is being prepared together with Ukraine’s military. “We plan to make a decision by the end of this year,” Orpo said. In September, Finland approved a package worth about €290 million.
Ukraine’s Defense Ministry signed a letter of intent with Finnish satellite firm ICEYE and telecom company Nokia, Militarnyi reported, citing ICEYE. The parties will explore building a secure satellite communications system under Ukraine’s control. The aim is to reduce Ukraine’s dependence on foreign commercial operators.
In this model, the state customer owns the satellites, ground stations, and user terminals, RBC-Ukraine reported. The network could serve defense, border protection, emergency services, and disaster recovery. The letter sets out no timeline or funding.
“Modern warfare has proven that reliable communications are a matter of national security,” Zelenskyy said in the companies’ statement. ICEYE CEO Rafal Modrzewski said Ukraine needs “secure, sovereign and high-performance satellite communications systems that it controls.”
The deal comes after a speed cap on Starlink disrupted Ukrainian drone missions this month. The EU, meanwhile, is pushing three European firms to merge into one SpaceX rival. ICEYE has supplied Ukraine with radar satellite imagery for years.
Days before the signing, tracking firm LeoLabs said a Russian government-owned satellite, Cosmos 2612, had spent weeks shadowing an ICEYE radar satellite, coming within 500 meters. The ICEYE satellite is widely believed to provide imagery to Ukraine.
Neither fix is quick. Ukraine’s big locomotive order arrives from 2027, and the first satellites of the ICEYE-Nokia system are expected to launch only in 2028.

© DR

© MIKKO STIG/EPA
Nokia CEO Justin Hotard (pictured) pointed to a boom in sales for its AI and cloud products during Q3, as he asserted the vendor is in a strong position to take advantage of growing demand for related infrastructure.
AI and cloud sales were up 123% year-on-year, with €1.5 billion of new orders placed in the quarter.
Hotard reported there is also an order backlog, positioning it for further growth in the area.
“Nokia’s strengths are uniquely suited to meet growing demands for AI infrastructure that is larger, more distributed and hyperconnected,” he added. “We are investing where we can differentiate and co-innovate with hyperscalers”.
Hotard highlighted progress on AI-RAN, which was the subject of an update yesterday (21 October) made at an event held by the Finnish vendor’s partner and investor Nvidia.
“AI-native networks are moving into the physical world and our AI-RAN platform is being developed to deliver the performance needed for this market,” Hotard said.
Gains
Nokia booked net profit of €156 million in Q3, up 95%.
Net sales were almost €5.2 billion, a 10% increase. The latter figure would have been a 9% rise with exchange rate fluctuations stripped out.
In its Mobile Infrastructure division, revenue was up 5% to €2.9 billion, partly attributed to shifting income from Q4 into Q3. The company noted this part of the business benefitted from “commercial discipline” and continued execution of cost reduction measures.
Hotard highlighted Nokia had continued to “simplify our portfolio” and was on track to complete the integration of optical networks company Infinera by the end of 2026, having acquired it in 2025.
The process is set to be completed a year ahead of its original plan, with the executive noting this created €200 million in net synergies.
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With Nvidia’s GTC Berlin event in full swing, the company’s telecoms boss Ronnie Vasishta and Nokia chief technology and AI officer Pallavi Mahajan sit down with the Mobile World Live Podcast in an exclusive interview to reveal the next stage of the pair’s AI-RAN journey, as they team up with European heavyweights to turn networks into distributed intelligence platforms.
Listen on Spotify
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00:00 — AI-RAN explained
7:20 — Operator trials
11:00 — Beyond edge hype
15:05 — AI-RAN economics
17:45 — Sovereign AI
21:10 — Commercialisation and 6G
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The European Commission is checking whether laws Ukraine’s parliament passed last week earn it a €3.7 billion ($4.3 billion) EU payment, spokesperson Balázs Ujvári told reporters in Brussels on 19 October. He also said Ukraine’s 2027 funding gap stands at about €70 billion, and that the EU “cannot do this all alone.” How Ukraine pays for Russia’s war next year now depends on reforms in Kyiv and on money from Europe and beyond.
Russia keeps striking Ukraine’s power grid and cities, and Kyiv already faces a hole in next year’s war budget before any new military spending. Foreign money keeps salaries, pensions, and repairs flowing while Ukraine spends its own revenue on defense. So each delayed payment is felt at home while Russia hits the energy system again.
The payment is the second tranche of the EU’s macro-financial assistance to Ukraine, and each one depends on reforms, Ujvári said at the Commission’s midday briefing.
“We saw that last week some important laws were adopted in the Rada, and we are in the process of analyzing these laws and we will formulate our assessment thereafter,” he said.
On its third attempt, parliament passed a law on 15 October ending the VAT exemption for foreign parcels worth up to €150 from 1 July 2027, and making online marketplaces collect the tax. The Commission had warned the law was one of 12 conditions for the tranche. Fewer than 1% of the 75 million parcels Ukrainians receive each year were taxed, and lawmakers had rejected the measure twice despite IMF pressure.
About €30 billion is in the pipeline for Ukraine this year, mostly under the EU’s €90 billion support loan, if reforms continue, Ujvári said.
Current pledges leave a gap of about €70 billion for 2027, Ujvári said, even counting the €45 billion ($52 billion) the EU has set aside for next year and some partners’ commitments.
“We cannot do this all alone. Therefore, our partners in general must step up,” he said. “They have to come forward with pledges, and they have to deliver on those commitments.”
On 16 October, Ukrainian President Volodymyr Zelenskyy asked EU leaders for at least €70 billion more for 2027. They tasked the Commission with a proposal but set no deadline. Asked whether it would revisit using frozen Russian assets, Ujvári said it was “a little bit early” to discuss options in that detail. New EU borrowing has also grown costlier: 10-year rates rose from 3.2% to just above 4% in six months, he said.
The €90 billion loan was designed on the assumption that the war would end in 2026. Slovak Prime Minister Robert Fico said Slovakia and Hungary would opt out of new aid but would not block others.
Slovak prime minister Robert Fico appears to have become Russia’s most prominent ally in the European Union, following the demise of Hungary’s pro-Kremlin leader.
Juraj Blanár, Slovakia’s foreign minister, announced controversial plans to revive a joint committee with Russia back in August – just a day before the anniversary of the Soviets occupying Czechoslovakia in 1968.
His announcement also came before Fico headed off to meet his counterparts at a summit in Brussels on Thursday (15 October).
And “so that there are no surprises, on the 25th [of October] there will … be a meeting of the joint economic commission with the Russian Federation,” Fico told the European affairs committee in Slovakia’s parliament on Wednesday.
The central European leader announced the closer ties with his aggressive neighbour immediately after planning a trip to Lviv in Ukraine early next month.
But if Fico does actually go to Lviv, just over the border from Poland, it would be the deepest he has travelled in the war-torn country so far.
And while he has not visited Kyiv in three years since returning to power, Fico has made plenty of time to go to Moscow during this time.
Many factors point to Slovakia now openly supporting the Kremlin, even as Russian attacks on Ukrainian civilians intensify, killing dozens of people.
The Institute for European Security Studies (IESS), a Kyiv-based think tank, noted, in its analysis, that a recent statement by Slovak defence minister Robert Kaliňák did not consider Russia a threat, despite Russian intelligence services having been linked to attacks in Slovakia including, potentially, a drone attack on a manufacturer near Prešov.
The IESS also highlighted the renewed Slovak-Russian cooperation at the level of military attachés, with two Slovak military personnel sent to the Russian capital while a Russian officer went to Bratislava.
This swap of soldiers was promised by Fico to Putin when they met in the Kremlin on 9 May.
And to make matters worse, a Russian military attaché was captured on video handing cash to an associate of the Slovak fake news site Hlavné správy.
The Ukraine think-tank warned that Slovakia’s magnetism towards Russia should not be ignored.
“In the end, by lowering Nato’s guard and reopening the doors to Russian intelligence, Slovakia is doing exactly what Moscow needs: disabling the West’s defences from the inside out,” it said.
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Nokia signed an agreement to sell its Enterprise Campus Edge (ECE) business to investment company Aurelius Group, a move the Finnish vendor stated sharpens its portfolio and directs capital to areas earmarked for long-term value.
Value of the planned transaction was undisclosed and Nokia expects the deal to close in the first half of 2027, subject to customary closing conditions.
Nokia this month also completed a deal to sell its fixed wireless access (FWA) CPE business to US broadband vendor Inseego.
Under Aurelius’ ownership, Nokia said ECE will continue to operate as a standalone business but benefit from greater independence and a dedicated strategic focus. Employees are expected to transfer with the business, in accordance with applicable local laws and processes.
ECE has a big presence in the private wireless market, serving almost 900 customers across industries including manufacturing, mining, logistics, airports, ports and power generation worldwide.
Its portfolio also includes industrial devices, on-premises operational technology, edge and micro-edge solutions and software applications to power industrial AI use cases.
Konstanty Owczarek, chief corporate development officer at Nokia, said the deal provides ECE a strong foundation for growth. “Our priority throughout the transition will be continued growth of the business and continuity for existing customers and employees,” he added.
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