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Gronbach to become first investor in Michalovce industrial park

THE FIRST investor in the future 17.6-hectare industrial park in Michalovce, located in the eastern Košice region, will be the German company Gronbach, a supplier of components for household appliances.

"We are preparing everything so that production can start in January 2005," Michalovce's mayor, Jozef Bobík, told the news wire TASR.

According to Bobík, the project will employ at least 100 people during its first phase.

Michalovce's authorities are negotiating with other possible investors from Germany and Italy, he said.

In a connection with the industrial park in Michalovce, this town wants to get grants from the European Union's Industry and Services operational plan.

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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