Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Investors pour into Tornaľa

THE TOWN of Tornaľa in central Slovakia's Banská Bystrica region is preparing to welcome a new batch of investors in the near future, Mayor Ladislav Dubovský announced on January 15.

Some 70 people are to be employed by the Italian textile firm Airflight, which is due to open a plant in Tornaľa in the next few weeks. "Airflight decided to open an operation in Tornaľa due to the good experience it had with our people working at its plant in the Hungarian town of Putnok," Dubovský said.

Around 400 people from Tornaľa and its environs have found work in the neighbouring Hungarian town just over the border.

The Tornaľa town council is also due to sign a contract in the coming days with an unnamed Hungarian-Russian-Slovak-Polish investor, which intends to build a plant for producing alternative heating resources. Shortly after this the town will finalise a contract with a Belgian investor that specialises in mechanical engineering.

According to Dubovský, the investors were attracted to Tornaľa partly by the completion of an 11.5-km highway bypass of the town, which improved local connections to both the east and west of Slovakia and with the nearest Hungarian border crossing at Kral.

The textile firm Ozeta Neo is currently the largest single employer in Tornaľa, with 685 workers, followed by the engineering company Unicor-ESK with 120 employees.

Top stories

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.