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New investors hold out promise of jobs for Slovakia

Several new investors might establish plants in Slovak regions with high unemployment rates and provide jobs for about 900 people, the Hospodárske Noviny daily has reported.

Several new investors might establish plants in Slovak regions with high unemployment rates and provide jobs for about 900 people, the Hospodárske Noviny daily has reported.

“We are negotiating with three companies, Belgian, French and German,” said Dany R. E. Rottiers, chief executive of Eastern Investment Centres, the consulting company which represents the state in negotiations with possible investors, as quoted by the daily.

Rottiers added that they are also in discussion with a company in the engineering industry about the possibility of them opening a plant in the Orava region. Moreover, he said that two companies had already presented their investment plans to Economy Minister Juraj Miškov.

Though the European Union is suffering from an ongoing sovereign debt crisis, investors have not lost interest in coming to Slovakia, according to Rottiers, who believes that Slovakia has a more advantageous environment for such companies than some other EU countries.

The executive director of the Business Alliance of Slovakia (PAS), Róbert Kičina, said that another factor encouraging foreign investors to come to Slovakia is state investment stimuli, used to compensate for shortcomings in the business environment, Hospodárske Noviny wrote.

Source: Hospodárske Noviny

Compiled by Radka Minarechová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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