Taiwanese AU Optronics launches construction of EUR 191mn plant in Slovakia.

By bne IntelliNews April 19, 2010
Taiwanese electronics producer AU Optronics started its investment project in Slovakia , the company announced. It will build a new plant for the production of LCD modules for TV sets in the Trencin industrial park in the western part of the country. The plant will occupy an area of around 200,000sqm and its commercial operations are scheduled to start in 2011. The output capacity of the facility will be 2.4mn units per year. AU Optronics planned to invest EUR 191.3mn in its Slovak operations over the next three years, creating 1,300 new job positions. The indirect effect on employment is estimated as the creation of further 2,000 jobs. The project is supported by state investment aid, amounting to EUR 38.3mn through long-term assets and tax relief as well as an EUR 5.6mn state loan for land purchases.

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss