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IN SHORT BUSINESS

New job opportunities coming to Kechnec

DISTINGUISHED European investors in the field of light machinery are interested in the 25-hectare industrial park in Kechnec, pledging to create 4,500 jobs, Mayor Jozef Konkoly told the news wire TASR.

He did not want to specify the names of the investors to prevent the opponents of the park, which is located quite near the eastern Slovak capital of Košice, from hampering the negotiations.

In his words, the municipality has resumed talks with a well-known British financial group over an investment of about $300 million (€250 million).

The park occupies an area of 332 hectares with a complete infrastructure of which foreign and domestic investors have taken only 10 hectares so far and, in so doing, created more than 1,200 jobs.

Konkoly sees the full potential of the zone to be some 35,000 jobs.

The major investors in Kechnec are American connector producer Molex and Belgium's Gilbos, which produces laser devices. Both have already announced further expansion.

Although metallurgical companies have also been interested in investing, Konkoly said environmental protection was one of the major criteria in talks with foreign investors. "We are not interested in the chemical industry and similar fields," he said.

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