Spanish May Invest EUR 1bn Near Kosice
Aeronautical company Mazel Group from Spain looks set to make a massive EUR 1 billion investment and generate up to 3,000 jobs in Kechnec Industrial Park, but its decision is not yet final.
According to Hospodarske Noviny, the company previously negotiated entry to the industrial park with the government of Robert Fico a few years ago, but with no agreement. Even now, the acting coalition may not be so sure about meeting the hefty demands of the company either, but so far the Ministry of Economy has not received any official proposal and so is staying tight-lipped.
The plant would be partially a research and development base and so could generate jobs for over 1,500 university graduates, revealed Kechnec mayor Jozef Konkoly, which is half the total workforce. Now it is up to whether Slovakia will bend to the company’s investment conditions and so reel in a massive and strategic investment for Eastern Slovakia.