Tax breaks for Xinquan Automotive Trim and Conec
The government approved an €8.4m investment incentive (tax break) for a €22m investment by Chinese Xinquan Automotive Trim in a new plant for the production of car seat components in Petrovany near Prešov. The investment will create 300 jobs by the end of this year. (teraz.sk)
The government approved a €1.2m investment incentive (tax break) for a €2.2m investment by US firm Amphenol, namely its Slovak subsidiary Conec, to double the production of connectors in Giraltovce. It should create 267 jobs by the end of 2028. The company employs 250 in the production of connectors, which are used in telecoms, medical technology, and engineering.
(teraz.sk)
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