THE US FINANCIAL group Simonstein & Henriks Finance Corporation today officially announced its intention to invest about Sk16.5 billion (€438 million) in eastern Slovakia's Špišský Hrhov.
The Slovak state investment agency, SARIO, said the corporation would build a greenfield factory on 100 hectares of property.
"The plant should supply products for the car industry and will create about 1,000 new jobs, which will have a considerable impact on the growth of employment in a region where the jobless rate exceeds 15 percent," SARIO spokesman Michal Novota told the press.
Simonstein & Henriks are represented in the transaction by the Akerman Advisory Association consultant company.
"We decided to use the advantages of the Slovak investment environment and put a production company in Spišský Hrhov. I hope we will get through all the necessary negotiations as soon as possible and start to produce a whole variety of products for cars, vans and boats at the end of 2008 as intended," said Gérard Leroux, the CEO of the Ackerman Advisory Association.
7. Jun 2006 at 15:42