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CORPORATE BRIEFS

Volkswagen sets up factory in Martin

The new production factory of the German concern Volkswagen (VW) will be built in Martin, in the suburb of Priekopa. The first phase of construction will require investment of 5.5 billion Sk ($157.1 million). In November 1999 there are to be some 500 to 600 people working in the factory. The company should produce goods worth 11.4 billion Sk ($325.7 million) per year. The factory in Martin will be the third most important activity of VW, after Volkswagen s.r.o. Bratislava and VW Electrical Systems s.r.o. Nitra. The German Volkswagen company will supply all necessary technology. Connection to infrastructure as well as land and construction of the production premises will be secured by DMD Holding a.s. Trenčín and ZŤS TEES a.s. Martin. The construction will be carried out by Váhostav a.s. Žilina and ZIPP s.r.o. Bratislava.

Top stories

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.

Vote-buying scandal lands village mayor in court

Some Roma claiming the mayor of Gemerská Poloma, Miroslav Michalka was buying votes, have changed their testimonies.

Stanislav Kučerák (blue shirt) is a key witness in the vote-buying case.

Police president refuses the proposals of students

He turned down their suggestions for a public debate but invites them to talk about corruption at the Police Corps Presidium.

Police President Tibor Gašpar

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.