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Romania and Slovakia compete to attract another automaker, media reports

Romania and Slovakia compete to attract another automaker, media reports

The rumours about a fifth automaker in Slovakia have resurfaced this week, as the Government in Bratislava has granted the industrial park of Haniska (near Kosice) the status of strategic investment, spectator.sme.sk informs, quoted by capital.ro.

On the other hand, a Chinese producer of mini electric cars, Zhi Dou, member of the Zhejiang Geely Holding as well as BMW AG could invest in production facilities in the same country.

Slovakia competes only with Romania to attract such investments, Hospodárske Noviny economic publication also informs.

According to the source, Romania grants subsidies amounting to 50% of the investment, whereas Slovakia only 35%, the final decision is expected this autumn.

The Slovakian Minister of Economy, Peter Žiga, claims there are five investors aiming Haniska, while one publication says one of the investors is a car manufacturer.

Slovakia won a EUR 60 million investment in 2016, to the detriment of Romania.

Slovakia is the largest carmaker in the world, in terms of production per capita, due to the plants built during the past two decades by Volkswagen, Kia Motors and PSA Peugeot Citroen. In 2018, a new plant will be inaugurated, Jaguar Land Rover, to manufacture the Discovery SUV.

About Valeriu Lazar