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Three automotive investors demand tax breaks

The Interior Ministry recommended that the government approve €4.5m in investment stimuli to three automotive companies that plan to invest €48m and create 350 new jobs. Pankl Automotive plans to invest €12m into expanding its plant in Topoľčany making covers for transmissions and engines. The Ministry recommended providing a €1.6m tax break for the investment, which will create 120 jobs. Korean firm Dongil Rubber Belt plans to expand its rubber seal plant in Považská Bystrica. The Ministry recommended a €2m tax break for the €19.2m investment, which will create 150 jobs. German firm Röchling Automotive plans to build a €16.8m new plant near Nové Mesto nad Váhom for the production of car plastics components. It is to create 77 new jobs and receive a €1m tax break.

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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