Investment assistance to ZF Slovakia

The Economy Ministry proposed providing a €4.3m tax break for the €17m investment of German firm ZF into expanding its plant in Levice, which makes car suspensions. The investment will gradually create 750 new jobs over five years.

Last year, ZF Slovakia posted a 16% drop in net profit to €10.1m, and its sales rose 11% to €424.1m.

(SME/6)

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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