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Spanish metallurgy firm may invest in Prešov

It is likely that Funderia Condals, a Spanish company, will build a plant in the IPZ Záborské industrial park in Prešov, the Hospodárske Noviny economic daily wrote on June 26, adding that the firm operates in the metallurgy industry and could employ up to 400 people.

It is likely that Funderia Condals, a Spanish company, will build a plant in the IPZ Záborské industrial park in Prešov, the Hospodárske Noviny economic daily wrote on June 26, adding that the firm operates in the metallurgy industry and could employ up to 400 people.

Pavel Hagyari, the mayor of Prešov, confirmed that the town has launched negotiations with an unnamed Spanish investor, saying the investor plans to spend up to €10 million.

The company reportedly will ask for investment stimuli from the Slovak government that may reach up to 50 percent of the investment, the daily wrote, because the firm will build its plant in a region with a 17-percent unemployment rate.

Source: Hospodárske noviny

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

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