Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Swedspan to invest over €100 m

SWEDSPAN Slovakia, a member of the Ikea group, has launched construction of a new complex in Malacky in western Slovakia with an investment worth more than €100 million.

SWEDSPAN Slovakia, a member of the Ikea group, has launched construction of a new complex in Malacky in western Slovakia with an investment worth more than €100 million.

The new plant will produce wooden panels using an innovative technology and an energy-saving production process.

The company will keep its current 140 employees and in the future might increase the number of people employed in the plant by 10 to 15 percent.

The new production unit should replace the existing one in 2014.

“The constructed space will significantly widen production in Malacky and bring a more ecological and economical production process,” the general director of Swedspan Slovakia, Janis Lencevics, said as quoted by the TASR newswire.

Lower production costs should result in lower prices of furniture products sold via the Ikea retail chain, Swedspan Group president Christian Schwarz told TASR.

Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4