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Peugeot between Slovakia and Poland?

The Sme paper cites the Euro Online server for indications a 700 million euro investment by the PSA Peugeot Citroen carmaker, due to be announced January 28, may go to Poland rather than Slovakia as French foreign trade minister Francois Loos suggested last week.

Slovakia's Trnava, said Loos, originally appeared to be in the lead due to its location and the "advantages Slovakia offers", such as the lowest wages in the region.

The factory is to be completed in 2006 and produce 300,000 automobiles a 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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