Strategic investment defined

ECONOMY ministers agreed on November 28 that a strategic investment will be defined as an investment that is no smaller than €100 million and creates 400 jobs.

Such investors, domestic and foreign, will be able to request investment incentives from the government, the Slovak daily Hospodárske Noviny reported.

Originally, the Economy Ministry proposed that an investment be considered strategic if it was to create 100 jobs and bring €50 million into the country.

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

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