Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Slovakia wakes from Bentley dream

SLOVAKIA has lost out in its bid for a new investment by carmaker Volkswagen. The German firm announced on July 23 that it will produce the new luxury Bentley EXF9 SUV, informally branded ‘Falcon’, in the British town of Crewe, the Sme daily reported.

SLOVAKIA has lost out in its bid for a new investment by carmaker Volkswagen. The German firm announced on July 23 that it will produce the new luxury Bentley EXF9 SUV, informally branded ‘Falcon’, in the British town of Crewe, the Sme daily reported.

Originally, the carmaker considered the option of producing the car in Bratislava, but eventually chose the UK.

“When we put together all factors, the result was Crewe,” said Wolfgang Glabus from Bentley, as quoted by Sme. He did not specify these reasons, nor did he say whether the UK offered any investment aid as an incentive. In Slovakia, the intended production wasn’t eligible for investment aid since it was considered to be located in Bratislava Region, where investment stimuli are not permitted.

Volkswagen will invest €800 million in Crewe, and plans to launch the new car on world markets in 2016.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Weather warnings against heat and storms issued

Slovakia will be hit by a significant temperature drop during the weekend, and snow is expected at some places.

Illustrative stock photo

For a Decent Slovakia organise another protest for June 22

At the same time, they are suing ex-PM Robert Fico, in response to his statements made during the protest rallies in February, citing fear-mongering and defamation.

For a Decent Slovakia represenattives - L-R: Lukáš Füle, Karolína Farská, Juraj Šeliga and Veronika Bruncková - filed a suit against ex-PM Robert Fico June 15.

NAKA detains businessman Kočner

The shady businessman featured in several scandals was detained June 20 in connection to questionable promissory notes and tax-related crimes.

Marián Kočner

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony