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Vihorlat gets new Dutch owner

The Dutch firm Cebuwa, with minority partner Hubertus of Slovakia, has taken over bankrupt machinery firm Vihorlat of eastern Slovakia’s Snina. Having paid Sk220 million for Vihorlat’s assets, the new owners now intend to aim production towards the automotive sector and increase labour productivity to save the 1,000 jobs remaining at Vihorlat.

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

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