Continental invests in Slovakia

ERJ staff report (BC)

Prague – Continental AG plans to expand its Slovak operations in an investment the Slovak government says is worth €250m ($326 million), reports Jan Lopatka for Reuters.

The plan should create 600 jobs at the firm’s operations in Puchov in western Slovakia, the government said.

Continental spokesman Alexander Bahlmann is reported as confirming a memorandum would be signed, but declined to comment on the volume of the investment or the number of jobs, saying the plan would be implemented gradually, according to market conditions.

He…

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