Slovakia awaiting a new wave of investors

AROUND 30 potential investors have expressed interest in coming to Slovakia to develop their businesses, according to the Slovak Investment and Trade Development Agency (SARIO).

It is still unclear, however, whether these investors will eventually decide to invest in Slovakia, because "the basic question of the current talks is whether they will come to Slovakia at all", SARIO spokesman Michal Novota said to the Hospodárske noviny daily.

Novota would not reveal any further details on the given projects. It is suspected, however, that the majority of these projects are investments into production rather than research and development.

Slovakia is especially attractive for investors linked to the automotive industry, thanks to the new PSA Peugeot Citroen and Kia Motors plants in Trnava and Žilina, respectively.

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