Pavlis: Two major German firms to create new jobs in Slovakia

INVESTORS from Germany active in the sphere of engineering are likely to create new jobs in Slovakia, Economy Minister Pavol Pavlis suggested in an interview with the TASR newswire.

INVESTORS from Germany active in the sphere of engineering are likely to create new jobs in Slovakia, Economy Minister Pavol Pavlis suggested in an interview with the TASR newswire.

“I visited potential investors in Germany two weeks ago. We’re waiting for their response now,” said Pavlis.

“It’s one of the largest companies in the world, and there’s a potential that they’ll expand their production in Slovakia,” said Pavlis, adding that this should take place in two phases. The investors should create around 200 jobs in the first stage, and a further 1,000 jobs in the second phase.

“One benefit of this investment lies in the fact that they have a significant interest in cooperation with young people and universities,” said Pavlis, adding that the investment concerns jobs with higher added value.

Source: TASR

Compiled by Michaela Terenzani from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

Top stories

Prime Minister Robert Fico

Poll: Smer's popularity falling

IF a general election had been held in mid April, the governing Smer party would still win with 34.7 percent of the vote, but this is down slightly from the month before according to the latest opinion poll carried…

Bratislava for Everyone

Open houses, free events mark start of tourist season

WARM weather invites people to spend more time outdoors and tourism season ceremonially opens with  Bratislava for Everyone, or Open Days of Bratislava, events taking place April 24-26.

Blueprint technique was used often in Slovak tradition

Blueprint in Slovakia

IT IS not rare that an exhibition is accompanied by a catalogue, and sometimes the catalogue lives on after the show ends. But the book Blueprint in Slovakia / Modrotlač na Slovensku takes this to a whole different…

Váhostav-SK is heavily involved in highway construction in Slovakia.

Bailout for Váhostav-SK creditors sails through parliament

AMID a race to pass legislation that would come into effect before construction firm Váhostav-SK meets with creditors April 30, Prime Minister Robert Fico's government passed an overhaul to insolvency laws coupled…