Trnava still gunning for Peugeot factory

The west Slovak town of Trnava remains in the hunt for a 700 million euro factory investment by French carmaker Peugeot, offering two sites with direct highway and freeway links, town officials have said.

The factory would employ three shifts of 2,300 people each. Slovakia, Hungary, the Czech Republic and Poland are all competing for the site, although Belarus and Bulgaria have an outside chance. Because the latter two are not expected to be invited to join the EU in 2004, they have greater freedom to offer tax breaks and other investment incentives to investors.

Peugeot has said it will announce its decision early next year.

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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