BUSINESS BRIEFS

Austrian shoe maker to create 1,500 jobs

Austrian luxury shoe maker Shoe Fashion Group Lorenz AG is set to build over the next two years a greenfield production facility in the eastern Slovak district of Bardejov, involving an Sk800 million investment and creating 1,500 jobs.

The eastern Slovak region of Prešov, in which Bardejov is located, has an average unemployment rate of around 25%.

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