Slovakia could become auto hub

Slovakia’s chances of becoming big in the automotive industry are strong, according to Jan Bajanek, head of the Slovak Investment and Trade Development Agency, as several Japanese, British, and US firms are considering Slovakia as the possible site for their new plants. Bajanek said to the state-run TASR news agency that a major US producer of trucks was considering investing 400 million dollars into a factory in Slovakia that would create 2,000 jobs. According to Bajanek, Slovakia is still in a good position for the Hyundai investment, and other Asian car producers, such as Mazda and Honda, are also considering coming to Slovakia whilst Rover and the Japanese tyremaker Bridgestone are considering investing in Slovakia, Bajanek said.