BUSINESS BRIEFS

Big car firms eye Slovakia

SLOVAKIA's chances of becoming big in the automotive industry are high, according to Ján Bajánek, head of the Slovak Investment and Trade Development Agency, as several Japanese, British, and US firms are considering Slovakia as the possible site for their new plants.

Bajánek said to the state-run TASR news agency on January 28 that a major US producer of trucks was considering investing $400 million (€328.7 million) into a factory in Slovakia that would create 2,000 jobs.

According to Bajánek, Slovakia is still in a good position for the Hyundai investment, and other Asian car producers, such as Mazda and Honda from Japan, are also considering coming to Slovakia.

Bajánek said the firms would each employ about 700 people and invest €200 million.

The British company Rover and the Japanese tiremaker Bridgestone are considering investing in Slovakia, Bajánek said.

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