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Belgian Parts & Components to invest $30 Million in Slovakia

The Belgian company Parts & Components plans to invest $30 million in a factory in eastern Slovakia that should create up to 200 jobs, the TASR news wire wrote.

Prepared by the Machine Industry Union in association with the state-run investment agency SARIO, the project would be a joint venture with an as yet unnamed Slovak company.

SARIO spokesman Ondrej Zember said a final decision on the project is expected in several weeks or months.

The potential investor, a maker of steel and aluminium products, was established in 1938 as Gebr. Debrez in Roeselare, Belgium, and took on its current name in 2001.

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

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