Slovakia steams ahead with yet another multinational giant launching operations this month, when on 28 June Taiwanese company AU Optronics opens its plant in Trencin.
The company hopes to employ up to 1,300 people whilst creating a further 2,000 jobs as a knock-on effect of its operation. It will therefore become a major employer in the region with plans to spend around EUR 200 million in Slovakia over the next three years. Mayor of Trencin, Richard Rybnicek, expects the new investment not only to boost employment, but also culture and education.
More proof that Slovak is weathering the current situation well ahead of many of its European partners, with expected growth of close to 4% forecast and an A+ international credit rating.
Hopefully Slovakia can continue to attract companies and investments like that of AU Optronics now that the economic tsunami seems to have abated, paving the way for prosperous growth.