Spectator on facebook

Spectator on facebook

IN SHORT

Patience pays off for Gemer and Novohrad

FOREIGN investments are starting to trickle down to less developed areas in southern Slovakia. Investments worth a total of Sk13 billion (€349 million) are expected to arrive soon in the Gemer and Novohrad regions, creating more than 2,500 jobs.

The most recent investment to be announced is that of the Russian-Japanese MPG Holding, which plans to invest Sk10 billion (€268 million) in a silicon processing plant in the town of Jelšava. The company should create 300 jobs, the SME daily wrote.

Another investment is that of German auto industry firm Dräxlmeier, which should create 1,200 jobs at a Sk700 million (€18.8 million) plant for the production of car cables. The new factory is to be located in the district of Rimavská Sobota.

The German Johnson Controls is launching production of car seats at a new plant in Lučenec, where 150 people will be employed.

Other investors have also expressed interest in Lučenec, including the Austrian company Roomberger, which plans a Sk300 million (€8 million) investment with 100 new jobs.

The Žilina-based Proma firm plans to invest 150 million (€4 million) in Fiľakovo into a plant producing insulation boards. The investment should create 160 jobs.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

UPDATED: Police investigate protest organisers over Soros allegations

The National Criminal Agency wants to see the accounts of the protest organisers due to a criminal complaint alleging they are paid by George Soros.

All eyes on Humenné: The symbol of Smer's decline

The loss of Smer's Jana Vaľová in the mayoral race has become symbolic of the 2018 municipal vote.

Jana Vaľová

"Pick your own" strawberries in November Photo

There are about three tonnes near Piešťany. They are hard but still sweet.

November strawberries

Tom Odell surprised Slovak band in Bratislava Video

The British artist was wearing a T-shirt, presented to him by the Tolstoys, from start to finish at his Bratislava concert.

Tom Odell