Spectator on facebook

Spectator on facebook

Massive investment heading to Spiš region

TWO cabinet officials confirmed that a multi-billion crown investment scheme is to be announced today for Spišský Hrhov, a tiny village near the north-eastern Slovak town of Levoča.

An unnamed US foreign investor intends to spend Sk16.5 billion (€440 million) on a new plant for the production of trailers, a deal that would rival the car plants recently built by PSA Peugeot Citroen and Kia Motors, the Hospodárske noviny wrote.

The plant should employ 1,100 people.

According to the daily, the investor negotiated the deal with the Dzurinda government through a financial mediator, Simonstein & Henriks Finance Corporation, which represents the investor at this stage of the project.

For details of the investment, see The Slovak Spectator's Flash News later today.

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

Top stories

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.

Roma civil patrols will continue

The Interior Ministry allocated €10 million for the project.

Roma patrols in Veľká Lomnica.