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 Záhorie region near Bratislava.

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

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

The company projects that 30 percent of the production will be placed on the Slovak market, and the rest will be exported. Arcelor wants to double its production in the next three years.

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

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.