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Slovakia tries for Japanese investments

SLOVAKIA is trying for another major investment but this time from Japan, not South Korea, writes the Hospodárske Noviny daily.

Roman Ondruš, Slovakia’s attaché in Japan, refused to name the potential investor or say if it would be a
greenfield investment.

He did say, however, that Slovakia has already beaten off competition from Poland, the Czech Republic and Romania in the bid to secure the investment.

In total, Slovakia is competing for ten Japanese investments that could be worth more than €300 million,
representing around Sk11,7 billion.

The director general of the Japanese Trade Institute, Masaaki Amma, said the Slovak business environment is very interesting, mainly because of the flat tax rate. So far, Slovakia has two major investors present – Sony and Matsushita.

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

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