Spectator on facebook

Spectator on facebook

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.

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.