CORPORATE NEWS

Sony Corp. to expand in Slovakia

Representatives from Sony Slovakia Inc., the fully-owned subsidiary of Japan's Sony Corp, said on May 9 that the firm plans to expand its Slovak operation of component production. "If our current results remain on target, and they look good now, we could expand even further in both products and employees," Jack Schmuckli, head of the company's European division, told a news conference.

Schmuckli added that Sony would increase its local workforce to 700 from the present 400 by the end of this year. Sony has to date invested 190 million Sk into its plant, which began producing vital components for television screens last August.

Schmuckli said the company's goal was to produce complete television sets for export to mainly east European markets. The Trnava operation is Sony's first component production plant in eastern Europe. It has two assembly plants in Poland and Hungary.

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