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BUSINESS BRIEFS

Sk300 million for PSA Peugeot Citroen

THE FRENCH carmaker PSA Peugeot Citroen Automobiles Slovakia, which is building a new plant in the western Slovak town of Trnava, will receive Sk300 million (€7.5 million) from the Slovak state to finance the education and training of its future employees in the plant.

According to the state-run news agency TASR, the company will receive Sk730 million (€18.3 million) for training and job creation.

PSA Peugeot Citroen Automobiles Slovakia plans to create 3,500 jobs in Trnava by 2006.

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