Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Is another car maker coming to Slovakia?

ANOTHER car maker is showing interest in setting up shop in Slovakia, the Hospodárske Noviny daily wrote. Kechnec Mayor Jozef Konkoly confirmed for the daily that he is holding talks with an automotive firm on its possible investment, but did not want to disclose its name at this stage of negotiations.

"It is a renowned international trademark, which plans to manufacture higher-end passenger cars in eastern Slovakia," said Konkoly. "An investment of tens of billions of crowns and hundreds of jobs is at stake."

The daily reported having information that claims that this company is the Ford Motor Company, which confirmed last year that it is considering building a factory in the region. "Eastern Europe markets are growing; we will have to think over a stronger presence in the region," Todd Nissen from the communications department of the company's representation in Europe said at the time.

However, Ford has denied the speculations. The Pravda daily quoted an anonymous source from Ford on June 21, who said that Ford is not planning any investments near Košice.

After Volkswagen in Bratislava, PSA Peugeot Citroen in Trnava and Kia Motors in Žilina, Ford would be the fourth car maker to invest in Slovakia. The Kechnec mayor expects that everything will be made clear in September.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.