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Swedwood to grow

THE SWEDISH furniture producer Swedwood is considering an expansion of its three plants in Slovakia that would bring an investment of almost Sk2 billion (€49.17 million).

Ľubomír Nemec, the head of Slovak Swedwood, said to the state news agency TASR that his firm has already approved a Sk660 million (€16.23 million) investment into the expansion of its plant in Malacky, which produces kitchen furniture and cupboards.

He added that another investment worth Sk600 million (€14.75 million) in a Swedwood plant in Závažná Poruba was close to being approved. An expansion of the plant in Trnava is also under consideration.

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

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