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SARIO sealed investments close to €260 million in the first half of 2011

The Slovak Investment and Trade Development Agency (SARIO) sealed investments worth €259.5 million in the first half of 2011, which could give rise to 1,500 new jobs, TASR newswire reported.

The Slovak Investment and Trade Development Agency (SARIO) sealed investments worth €259.5 million in the first half of 2011, which could give rise to 1,500 new jobs, TASR newswire reported.

"We've succeeded in attracting more foreign investments to Slovakia in all indicators," reads SARIO's press release.

In the same period of last year the agency secured eight investments that were valued at €35.22 million and were seen as potentially creating 500 new jobs. The largest volume of investments are heading for the automotive industry, including suppliers of a variety of car components.

"We've been delivering on our objective of having foreign investors view SARIO as a modern and transparent agency that will become an entry point for their investments in Slovakia," said SARIO head Robert Šimončič.

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