Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Alcan opens new plant in southern Slovakia

CANADIAN company Alcan Extruded Products will make aluminium casts in Levice, southern Slovakia. Its subsidiary Alan Slovensko Extrusions opened the new plant on May 15. The plant, whose construction was launched in July 2006, will supply the growing Eastern European market with soft alloys. Alcan expects the demand in this market to grow five percent on average. The plant's construction costs came to $35 million. Reinhard Fleer, CEO of Alcan Extruded Products told the SITA news wire that the company plans to produce a wide spectrum of casts for the automotive industry, construction or transport in a new plant in the Levice-Géňa industrial park.

When it reaches full operation, the new plant should produce 25,000 tonnes of aluminium products in the future, representing an output of about €50 million. The plant should achieve optimal capacity in three to four years. Currently, the planirty people, but full operation will require a staff of 200. Fleer said that building a new plant in Slovakia is part of Alcan's strategy to participate in the emerging markets of Eastern Europe.

Top stories

Gilden: Take the negative and make a positive from it Photo

The works of New York native, photographer Bruce Gilden, who has worked for five decades in the streets of the biggest cities, are on exhibit in the Kunsthalle (House of Arts) in Bratislava.

Bruce Gilden: Feast of San Gennero, Little Italy, 1984.

The ongoing struggle for a free and democratic Slovakia

The people of Slovakia deserve the credit for the remarkable progress that this country has made over the past twenty-five years, US ambassador writes.

Illustrative stock photo

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 24 and December 3, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Christmas Markets Bratislava

Robert Fico has lost the electoral magic he once had Plus

But his party can still bounce back if they do the things that make parties resilient.

Robert Fico claims that Smer won the regional elections because it is the party with the most chairs in regional councils.