Valeo plans 16.4 mln euro plant in Slovakia

Newswire

BRATISLAVA, Jan 31 (Reuters) - French car parts maker Valeo plans to build a new plant in Slovakia with expected investment of 16.4 million euros, Slovak Economy Minister Pavol Rusko said on Monday. Rusko, who signed a memorandum on the investment project with Valeo Security Systems on Monday, said the new plant will be located in eastern Slovakia and will create 727 new jobs. He did not disclose further details about the factory's production plans. Valeo's plant will add to a growing ...

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