THE US company Whirlpool has picked Poland for its new Sk4 billion (€99.85) investment. Slovakia, which was also competing for the investment, thus lost to the Polish town of Wroclaw.
According to Errico Biondi, head of Slovakia's Whirlpool plant in Poprad, factors such as the immediate availability of the area and the support of the cabinet favoured the Polish town, the Slovak economic daily Hospodárske noviny wrote.
Biondi said that the Poprad plant "will continue to play an important role in our strategy". In Poprad, Whirlpool plans to increase its capacity to 2 million washing machines per year.
Compiled by Martina Pisárová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
5. Apr 2004 at 9:59