Spectator on facebook

Spectator on facebook

Arcelor in Euro Valley

FRENCH steel processing firm Arcelor will be the first foreign investor to come to the Euro Valley industrial park in the Zahorie region near Bratislava.

Arcelor will start building its 30,000 square metre plant in March next year, the Slovak economic daily Hospodárske noviny wrote.

Arcelor's planned investment is €15 million and it expects to employ 100 people in the initial stage of the project. Another 200 jobs should be created in firms connected to Arcelor's plan. The company wants to process 180,000 tonnes of steel.

The company expects that 30 percent of the production will be placed on the Slovak market and the rest will be exported. In the coming three years Arcelor wants to double its production.

Arcelor's customers include automotive firms and producers of white technology, said the company's vice-president, Claude Charret.

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

In praise of concrete

It was once notorious for its drab tower blocks and urban crime, but Petržalka now epitomises modern Slovakia.

Petržalka is the epitome of communist-era architecture.

Slow down, fashion

Most people are unaware that buying too many clothes too harms the environment.

In shallow waters, experts are expendable

Mihál says that it is Sulík, the man whom his political opponents mocked for having a calculator for a brain, who “is pulling the party out of liberal waters and towards somewhere completely different”.

Richard Sulík is a man of slang.

Blog: Exploring 20th century military sites in Bratislava

It seems to be the fate of military sites and objects in Bratislava that none of them were ever used for the purposes they were built for - cavernas from WWI, bunkers from WWII, nuclear shelters or the anti-aircraft…

One nuclear shelter with a capacity for several hundred people now serves as a music club with suitable name Subclub (formerly U-club).