Compagnero to start production in Rimavská Sobota after all

RIMAVSKÁ Sobota may not lose an investment by the Italian electro-motor producer Compagnero after all, despite the cabinet's decision not to sell any more state property until after June elections.

In line with its overall decision to halt sales of state assets, the cabinet recently blocked the sale of a former tobacco factory and penitentiary in Rimavská Sobota to Compagnero, which plans to start production in the second half of this year. The town had been preparing the investment since May last year.

But Labour Minister Iveta Radičová has said the Sk300 million (€8 million) investment, which will give work to 200 people, is not in danger and that talks are continuing, the SME daily wrote.

"I don't know whether there have been any delays, but I talked to Justice Minister [Lucia] Žitňanská and she said that the former penitentiary would be rented out. An investor is interested and will continue to negotiate after April 10," Radičová said.

Compiled by Martina Jurinová 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

Italian architects to design refurbishing of Bratislava's iconic bathhouse

The historical Grössling building will be extended to acquire new functions.

The winning design of renewed Grössling bathhouse by OPPS Architettura

Journalists' dilemma over the case of the charged Jaroslav Haščák

Investigative reporter Adam Valček writes about what he learned during the Kuciak murder trial and how it applies in the case of the charged co-founder of Penta.

Jaroslav Haščák