BUSINESS IN SHORT

IBM is reportedly eyeing Slovakia

AMERICAN-based IT company IBM is welcome to invest in central or eastern Slovakia, the Minister of Construction and Economy, Juraj Miškov, said on August 26 after meeting with representatives of IBM Slovensko who told him that Slovakia was one of five countries that IBM is considering for an investment in central Europe, the SITA newswire reported.

AMERICAN-based IT company IBM is welcome to invest in central or eastern Slovakia, the Minister of Construction and Economy, Juraj Miškov, said on August 26 after meeting with representatives of IBM Slovensko who told him that Slovakia was one of five countries that IBM is considering for an investment in central Europe, the SITA newswire reported.

IBM representatives did not elaborate on their intentions at the meeting, SITA wrote. If the investment comes to Slovakia 200 jobs might be created next year and a total of 3,000 could develop over the next three years, the Hospodárske Noviny financial daily wrote. IBM representatives are considering the towns of Žilina and Košice as well as other localities in Slovakia, the daily reported.

IBM is a global IT company, currently employing almost 400,000 people worldwide. IBM has been active in Slovakia since 1990.


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