Spectator on facebook

Spectator on facebook

IN SHORT

New switchboard plant opening in Komárno

A NEW factory to be built in southern the Slovak town of Komárno will employ around 300 people.

The Sk150 million (€3.8 million) investment by SLK Elektro company will be funded by German investor FEAG, the TASR news agency wrote.

SLK Elektro, a Slovak company, produces switchboards and operating consoles for maritime and industrial clients. The company, employing 95 people, sells about a third of its products in Slovakia and exports the rest to foreign markets, especially Germany.

Last year's turnover reached as much as Sk140 million (€3.5 million). FEAG, a subsidiary of Siemens, entered SLK Elektro in 2003 and currently owns 80 percent of the company.

The new factory's operations will start as of 2006, according to Peter Skala from SLK Elektro.

Top stories

UPDATED: Slovakia’s Kuzmina wins Olympic gold Video

The Slovak biathlete dominates the 12.5km race at this year’s Winter Olympic Games in PyeongChang.

Anastasiya Kuzmina

Slovakia ends last in its preliminary group Photo

Slovenia defeated the Slovak team on shootouts.

Slovak archaeologists discover a key to understanding the Maya

Revolutionary laser technology has changed the view of current knowledge about the ancient Mayas. Slovak experts' findings are part of a major breakthrough in Maya archaeology.

Slovaks participate in a major breakthrough in Maya archaeology.

Will Kiska run for president?

Media reports suggest that Andrej Kiska will not run again. How does the situation look one year ahead of presidential election?

President Andrej Kiska