Spectator on facebook

Spectator on facebook

Jonckheere plans to invest €3 million In Košice

BELGIAN COMPANY Jonckheere plans to invest some Sk120 million (€3 million) and create 100 industrial welding jobs in Košice.

Jonckheere has decided to go to east Slovakia despite no investment incentives from the government, its general director Paul Schodts told news wire TASR.

The Belgian company has chosen Košice because of its location, good conditions for investment, infrastructure, airport, high unemployment and skilled worker base. The decision came after detailed analyses of Slovakia's regions.

The Centre of the Economic Development (EDC) of US Steel-Kosice has been lobbying for Belgian investment. In cooperation with the Slovak Trade and Investment Development Agency (SARIO), the EDC has already helped to persuade eight foreign investors to come to Slovakia, bringing $60 million and creating 1,000 jobs to Slovakia.

Jonckheere has 280 employees in Belgium. Last year it had total profits of SK109 million (€27 million) and in Košice it forecasts annual profits of €5million.

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

Top stories

Jourová: Fico not fully informed on all EC’s activities on double standards

European Commission President Jean-Claude Juncker will meet with Fico to discuss double quality standards of foods on July 27 in Brussels.

European Commissioner for Justice, Consumers and Gender Equality Věra Jourová

Heatwaves to continue in Slovakia over the following days

More than 40 people collapsed due to hot weather on Thursday.

Foreigners: Events in Bratislava Video

Tips for performances and other events in the capital between July 21 and July 30, including concerts, parties, festivals, classical music, inline skating, exhibitions and more.

Analysis: Slovakia lacks competitive tourism

Neither Slovakia nor the Czech Republic are countries in which tourism could be viewed as the bedrock of their economies, an analysis by UniCredit Bank finds.

Štrbské pleso