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Economy Ministry: Slovakia still in for Hankook

SLOVAKIA wants to continue negotiating with South Korean tyre producer Hankook Tire, which has plans to invest around Sk20 billion (€513 million) and create 1,600 jobs in a new plant in Central Europe.

SLOVAKIA wants to continue negotiating with South Korean tyre producer Hankook Tire, which has plans to invest around Sk20 billion (€513 million) and create 1,600 jobs in a new plant in Central Europe.

According to Dagmar Hlavatá from Economy Minister Jirko Malchárek's office, Slovakia "is prepared to hold talks with Hankook representatives in a short time".

According to the TASR news agency, at an October 19 meeting between Malchárek and the head of the Korean Republic's representation Junheon Jeong, it was stated that Hankook has not made a final decision on the location of its plant.

Previously, the media reported that Slovakia was out of the running for the Hankook investment and that the company would continue talks only with Poland, the Czech Republic and Hungary. The information was also reported by Bloomberg, which referred to a source from Hankook.

Slovakia lost exclusivity of talks with Hankook this summer after the Slovak cabinet refused to provide the company with the incentives it had asked for. Hankook then re-opened talks with other competitors.

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