Matador objects to Hankook incentives

SLOVAK tyre producer Matador Púchov objects to the investment incentives that Slovak government has promised South Korean Hankook Tire, the Hospodárske noviny daily wrote.

Hankook Tire is investing Sk20 billion (€500 million) in Slovakia, whose government has promised investment incentives worth 21 percent of the investment.

According to Matador, the incentives are too high.

The level of the incentives must still be okayed by the EU. It is uncertain whether the 21 percent will be approved as the EU applies a 15 percent limit on investment incentives in general.

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Sulík presents his pandemic plan, but PM Matovič remains critical

Rules for entering Spain change. Former police chief Gašpar remains in custody. State auctions the 5G network frequencies.

Richard Sulík presented his pandemic plan on November 23.

Which are the largest law firms in Slovakia?

For the first time, the ranking also provides an overview in partial categories of law.

Government has learned little, hesitates to open school gates

Education is a question of rights. So is protesting against the government, but at what costs? Slovakia welcomes hefty investment that comes with a warning sign.

Special regional restrictions and better tracing. SaS has introduced its plan to fight the pandemic

The document is based on eight chapters, which should contribute to economic recovery.

Richard Sulík introduces his plan.