Matador building new truck tire factory in Púchov

Continental Matador, a German-Slovak joint venture that produces truck tires, began to build a new production hall in Púchov in western Slovakia on August 9. The factory will cost a projected 58 million Slovak crowns ($1.4 million), and should be finished by February 28, 2000.

Continental Matador is a joint venture between the German tiremaker Continental AG Hannover and the Slovak firm of Matador Púchov. It was founded on January 7, 1999, and expects to generate a 1999 turnover of 150 million DEM (over 3 billion crowns). Investments in the joint company will total 190 million DEM (about 4 billion crowns) by 2001, securing jobs for approximately 800 employees.

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia will receive more than 4 million vaccines

Schools will continue with distance education. Curfew will be applied on January 25 and 26 too.

Illustrative stock photo

I receive more hate mail than I used to, says outgoing transparency watchdog director

Gabriel Šípoš leaves Transparency International Slovakia after 11 years. Slovakia has gone a long way in transparency, he says.

Gabriel Šípoš

Conservative NGOs received gender equality subsidies despite experts' recommendations

Leaked documents show the recipients of the Labour Ministry’s 2020 subsidies were favoured even though they did not achieve the highest score in the competition.

Labour Minister Milan Krajniak (Sme Rodina)