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Over 140 investors interested in Slovakia

The Economy Ministry and the Slovak Investment and Trade Development Agency have listed around 140 companies that have shown interest in investing in Slovakia.

Economy Minister Ľubomír Jahnátek, speaking at the 14th annual International Engineering Fair in Nitra, said that most investors are interested in engineering production.

Jahnátek said he sees potential growth in the development of small and medium-sized enterprises, which currently account for 37 percent of Slovakia's total exports.

Last year, the engineering industry in Slovakia turned profits amounting to Sk446.8 billion (€13.2 billion), which represents an 11-percent rise year-on-year.

Car production is expected to make up more than half of all industrial production and more than 60 percent of total exports in 2008.

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

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