Spectator on facebook

Spectator on facebook

IN SHORT

Giesecke & Devrient to produce smart cards

GERMAN smart-card manufacturer Giesecke & Devrient said that it would launch Slovak subsidiary operations towards the end of October following the recent completion of its factory at Nitra's industrial park.

According to Karsten Ottenberg from the Giesecke & Devrient Group, the investment will total €20 million (Sk767 million) and create 200 new jobs, TASR wrote.

The factory that will produce smart cards for telecom, healthcare, identification and the banking sectors covers an area of 19,000 square metres saw construction begin in November of last year.

The Munich-based Giesecke & Devrient Group has a total of 52 subsidiaries employing 7,500 people, including 4,000 employees outside Germany. The group had an annual turnover of €1.24 billion in 2005.

Top stories

I have met dozens of people possessed by Satan, exorcist claims

An exorcist can help a believer to escape their problems but not to solve them, psychiatrist Hunčík says.

Priest and exorcist Ľuboš Václavek consecrates the office of Erika Jurinová (OĽaNO).

Press freedom is bleeding across our borders

Critical media are always the first targets of populists and press freedom enemies.

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Slovakia is 26th on the Employment Flexibility Index

Higher work surcharges will push Slovakia down.