THE FOUNDATION stone for the Getrag Ford Transmissions (GFT) Slovakia plant was laid at Kechnec industrial park yesterday.
GFT is investing a total of €345 million (Sk13.2bn) in Slovakia. It will build a modern transmissions production plant and create around 750 direct jobs, TASR news agency wrote.
The company expects its annual turnover to reach €300 to €400m.
All of the plant's output will be for export.
GFT is the eighth investor in the 330-hectare Kechnec industrial park, which is considered to be one of the best-prepared investment sites in Slovakia.
Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
8. Jul 2005 at 11:03