French Cemm Thome to set up plant in Prešov

Cemm Thome, a French producer of car wiring harnesses, plans to set up a €2.5-3 million factory in the eastern Slovak region of Prešov in 2004, news wire TASR reported.

Ján Bajánek, director of the state-run Slovak Investment and Trade Development Agency (SARIO), has confirmed the information. SARIO is currently cooperating with Cemm Thome on the selection of a suitable greenfield site for the plant.

"This investment will be a significant growth impulse for eastern Slovakia. In a region with an unemployment rate of over 17 percent, construction of a new plant by a foreign company is very good news," Bajánek said.

Cemm Thome entered the Slovak market in the first quarter of 2003 through its Prešov-based subsidiary, Cemm Thome SK, which currently employs 280 people. The new plant is expected to increase the workforce to at least 400.

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

Get daily Slovak news directly to your inbox

Top stories

Slovakia has more and more vaccines available. State lacks courage

Slovakia is taking a cautious approach to make sure it will be able to deliver second doses when needed.

4 h
Police control at the border crossing in Drietomá (Trenčín Region).

Stricter curfew rules come into force, police intensify checks

Negative test result required when going to work or doing sports in nature.

6 h
Milan Mazurek and Milan Uhrík in the foreground are significant faces of ĽSNS leaving the party

Far right splits: prominent faces leave after Kotleba changed statute

Analyst says that strengthening of extremists is unlikely.

26. jan