Continental opens new plant in Zvolen

A BRAKE component factory for Continental Automotive Systems (CAS) of Germany was opened on February 3 after company officials and Slovak representatives signed an investment contract.

The contract, involving an investment of Sk60 billion (€2.2 billion) and 510 new jobs, was approved at the beginning of February by the cabinet. CAS is to receive Sk390 million (€10.3 million) in state aid.

According to Karl-Thomas Neumann, head of the new plant, the city of Zvolen (Banská Bystrica region) is a favored location for existing or envisaged plants. "Our customers - car manufacturers in this region - have already created capacities for the output of 3 million cars a year and are planning to open more plants," he said.

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

Get daily Slovak news directly to your inbox

Top stories

Cabinet agrees on COVID screening

More details will be presented tomorrow.

Košice

More tips for outings in Bratislava during the lockdown

Walks along the Danube bank offer a feeling of being far from the city rush.

This place, part of Ovsištské Lúky (Ovsište Meadows) in Petržalka, is still Bratislava.

Roundup: Fairytale app that makes children read

An award-winning design by a Slovak architect and a trip to Zádielska dolina valley. Here’s your latest roundup.

A man wearing a face covering sits in an armchair on the snow-covered Main Street in Košice on January 13, 2021.

Police investigate surveillance of journalist, IPI calls for utmost seriousness

Police launch criminal prosecution after Denník N reporter said she was followed and opposition MP Robert Fico wrote about her private life.

l-r: Head of Let's Stop Corruption Foundation Zuzana Petková, journalist Monika Tódová, journalist Adam Valček, and Xénia Makarová of the Let's Stop Corruption Foundation