Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

ThyssenKrupp likely to invest

GERMAN steel-processing company ThyssenKrupp will likely invest €98 million in a new facility in eastern Slovakia as the company has reportedly filed an application with the Economy Ministry with an investment plan that could create about 1,200 jobs, the Hospodárske Noviny daily reported, citing ministry sources.

GERMAN steel-processing company ThyssenKrupp will likely invest €98 million in a new facility in eastern Slovakia as the company has reportedly filed an application with the Economy Ministry with an investment plan that could create about 1,200 jobs, the Hospodárske Noviny daily reported, citing ministry sources.

The ministry did not confirm the information in the daily, stating that it cannot comment on proposed investments before they are approved. But two independent sources told the daily that the company had requested investment stimuli from the state based on its plans.

ThyssenKrupp reportedly has not decided exactly where it will situate the new facility, with Hospodárske Noviny writing that the company is considering two sites: an industrial park in Prešov and the village of Haniska in Košice Region.

The daily also wrote that several other investors are considering new facilities in Slovak regions with high unemployment that could bring jobs for about 900 people.

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

Rottiers added that his firm is also holding discussions with a company in the engineering sector about the possibility of opening a plant in the Orava region, adding that even though the European Union is suffering from the ongoing sovereign debt crisis, investors have not lost interest in Slovakia. Rottiers said he thinks Slovakia has a more advantageous environment than other EU countries.

Top stories

Being a caregiver was an empty life

The fatal accident of the van carrying Slovak caregivers has opened a discussion on how these women work and live. The job agencies abuse both the drivers and the caregivers, a former caregiver in Austria, Angelika…

Angelika Horňáková

The day Prague fell

It is pointless to talk about the wins and losses of Czech political parties - the one who lost is the Czech Republic.

Andrej Babiš celebrates his election victory.

Transport bothers Bratislava Region

The smallest region in Slovakia has several specifics affecting various fields that will have to be addressed by respective regional authorities.

Candidates for the post of Bratislava Region's governor attending the discussion organised by the Sme daily (l-r): Juraj Droba, Milan Ftáčnik, Rudolf Kusý and Pavol Frešo.

European Commission does not consider the traditional family controversial

Hoaxes that have appeared on the internet in Slovak over the past two weeks

Famil,y illustrative stock photo