VW to buy 6.5 ha of land from state

On Friday, minister of agriculture Zsolt Simon announced the sale of almost 6.5 hectares of land to the Volkswagen concern for land near the town of Martin.

The land will be sold to the concern by the Slovak Land Fund (SPF) for a price tag of EUR 1.06 million (EUR 16.60/m2). The car plant plans to extend its production facilities in Martin and so boost employment by around 400 jobs, Simon said.

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