21. March 2005 at 00:00

Samsung continues expansion in Galanta

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THE CABINET approved a proposal calling for a Samsung production, logistics, service and development centre near Galanta to be designated as a significant investment.

The decision does not entitle the firm to receive investment stimuli, but makes it possible to appropriate the respective site on the grounds of public interest, if necessary.

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Currently, Samsung is drafting the second stage of its investment plans in Slovakia, which include the construction of the centre near Galanta. The investment will exceed Sk1 billion (€30 million) and should create 900 jobs, the TASR news agency wrote.

Samsung has so far invested Sk1.9 billion (€50.5 million) and created 2,200 jobs in Slovakia.

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