German firms poised to create Slovak jobs

German firms poised to create Slovak jobs

Investors from Germany active in the sphere of engineering are likely to create new jobs in Slovakia, Economy Minister Pavol Pavlis told TASR in an interview. “I visited potential investors in Germany two weeks ago. We're waiting for their response now”, said Pavlis.

“It's one of the largest companies in the world, and there's the potential that they'll expand their production to Slovakia”, said Pavlis, adding that this should take place in two phases. The investors should create around 200 jobs in the first stage, and a further 1,000 jobs in the second phase. As far as the other investor is concerned, Pavlis said that the management was happy with the locality offered by the Slovak ministry. “One benefit of this investment consists in the fact that they have a significant interest in co-operation with young people and universities”, said Pavlis, adding that the investment concerns jobs with higher added value. “Another country I want to focus on is Korea. I see big potential in Korea, as Slovakia has a good name with Korean companies. They know that Slovakia is stable, and they've already tried out its business parameters”, added the economy minister.

Gavin Shoebridge

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