German company Mubea Engineering has launched the construction of its new car parts plant in Kežmarok. The plant will also include a product development center with 115 engineers. Completion date has been moved by six months, to mid-2020. The government provided a €15m investment stimulus for the €51m investment. The plant will gradually create 500 new jobs.
Back in 2017, Hengstler opened its own plant in the Kežmarok industrial plant.