US firm choosing site for plant

Kennametal, the US manufacturer of industrial machines, is currently choosing a site for its new plant in central Europe. Investment hopefuls are Slovakia, the Czech Republic, Poland and Hungary, wrote the SITA news wire.

During the next three or four years the company wants to invest €10 to €15 million in a new production plant. This figure may later rise to as much as €50 million, according to the Warsaw Business Journal.

Ondrej Žember, spokesman for the Slovak Investment and Trade Development Agency, told the SITA news agency that Kennametal had not yet registered any interest.

Top stories

News digest: The Interior Ministry reports some unusual requests

Bratislava's historic Koch Garden opens to the public, more than 500,000 cars roll off Slovak production lines in six months, and the ruling coalition discusses its own future.


15 h
Inner Life in Stará Tržnica

Digital art installation turns into living organism at Bratislava’s Stará Tržnica

Capital gets world premiere of renowned French artist’s interactive work.


16 h
Igor Matovič.

Matovič will remain. OĽaNO makes 'unalterable' decision ahead of coalition meeting

Slovakia could be heading towards a minority government, observers say.


17 h
SkryťClose ad