The German firm Hella will build two production lines in west Slovakia’s Trenčín region for making auto headlights, investing 35 million euro and employing 390 people. Production is to begin in April 2003.
Hella Slovakia head Martin Hirsch said the firm had decided to add the Slovak site to its existing Czech investment in order to “spread the possible risk” throughout the region.
Hella had also been attracted by the Slovak government’s support for investment, including tax breaks and subsidies for jobs created, as well as Slovakia’s low wages and high unemployment, Hirsch said.
Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
6. Dec 2002 at 20:06