Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

Lebanese and Hong Kong companies to invest in Slovakia

COMPANIES from Lebanon and Hong Kong plan to invest in Slovakia. The Slovak Trade Development Agency (SARIO) said that the potential investors are a Lebanese firm, Laceco International, and a Hong Kong firm, Luda Development Limited, the SITA newswire reported.

COMPANIES from Lebanon and Hong Kong plan to invest in Slovakia. The Slovak Trade Development Agency (SARIO) said that the potential investors are a Lebanese firm, Laceco International, and a Hong Kong firm, Luda Development Limited, the SITA newswire reported.

The planned Lebanese investment is €70 million and two hundred jobs should be created and SARIO said the company from Hong Kong plans to invest €10 million with a perspective of creating fifty new jobs, SITA wrote.

Laceco International’s Vice President, Fayez Makkouk, said at a meeting with representatives of SARIO and the Economy Ministry that the investment is in the services area.

“We do not rule out investments into the banking or health care sectors,” Makkouk added, as quoted by SITA.

According to Raymond Law, representative of Luda Development Limited, the company decided to invest in Slovakia due to the country’s strategic geographical location in the centre of Europe, language closeness with neighbouring countries, and membership in the European Union and the eurozone. Luda Development is active in health care, mining raw materials and import of minerals waters.

Top stories

Messerschmidt created most of his character heads in Pressburg

Bratislava will name a square after the prominent artist

A replica of one head from the series Character Heads by F. X. Messerschmidt; ownership of the Slovak National Gallery

Christmas Bazaar returns to the Old Market hall

One of the events which presents diplomatic communities residing in Slovakia to the wider public is the already traditional Christmas Bazaar, which focuses on gastronomy and charity.

Christmas Bazaar 2016

Blog: The wanderer returns home

The places you visit, people you befriend, experiences that leave their mark, they all become a part of you.

Go east for real morality, Jean-Marc Barr says Photo

The French American actor/director, who plays in a Slovak co-production film, said during a recent visit to Bratislava that eastern Europe, and other eastern countries still have what America has already and what…

Jean-Marc Barr during IFF Bratislava 2017