29. March 2005 at 10:25

Car parts’ supplier may invest in Žilina

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JOHNSON Controls, one of the largest suppliers of automotive parts, is considering another investment in Slovakia, the Pravda daily reported.

The American firm has already announced that it is planning to make two investments in Slovakia.

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Currently, company representatives are studying the investment potential of Žilina and its surroundings.

A representative for Johnson Controls would not comment on the location or the extent of the possible investment, saying it is "too early".

However, it is clear that the company’s decision will be largely influenced by their talks with KIA motors, which is investing in the Žilina region.

Compiled by Magdalena MacLeod from press reports
TheSlovak Spectator cannot vouch for the accuracy of the informationpresented in its Flash News postings.

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