4. November 2002 at 00:00

Peugeot scouting in central Europe

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TASR , SITA ,

Newswire

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PSA PEUGEOT Citröen, the second-largest European car maker, has held talks with the Slovak investment agency, Sario, in connection with its intent to build a new 700 million euro factory in central Europe that will come on line in 2006.

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The firm is also looking at sites in Poland, Hungary and the Czech Republic. The factory would employ 3,000 workers and eventually turn out 300,000 vehicles a year.

The company now has three factories in France, and plans to open another in Kolín, Czech Republic, in 2005.

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