Spectator on facebook

Spectator on facebook

Slovakia denies being out of Hyundai bid

SLOVAK economy minister Pavol Rusko and local investment agency SARIO denied recent reports by Hungarian news agency MTI that only Hungary and the Czech Republic remained in the competition for the South Korean carmaker plant.

Head of SARIO Ladislav Balko said that in his opinion the recent reports were "only part of a fight for the investor".

Hyundai wants to build a plant in central Europe, creating between 5,000 and 7,000 jobs. The final decision on the investment's destination is expected in spring, 2004.

Rusko also denied that Slovakia was out of the competition in an October 9 interview with a private TV channel Markíza.

Rusko is currently in South Korea in an effort to win the investment for Slovakia.

Compiled by Martina Pisárová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Austria launches random checks close to Slovakia’s borders

Refugees are using new smuggling routes, according to the Austrian minister.

Illustrative stock photo

Unemployment rate continues to decline

The still steeper fall in unemployment could be curbed by the type of jobseekers, analysts opine.

Carmakers have already complained about the lack of qualified labour.

Coalition only agrees on how to talk. But what will they talk about?

Budget talks to decide on concrete policies. Danko wants airplanes, Fico wants better pay for nights and weekends.

Danko, Fico, Bugar.