Whirlpool to Invest in Slovakia During Next 12 Years
Feb 17, 2004
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White goods manufacturer Whirlpool Slovakia has invested some Sk3.5 billion (approx. U.S. $111 million) in its 12 years of operation in Poprad in the Presov region, increasing its total output of automated washing machines to 1.5 million units, according to the newswire TASR.
Last year, the company added the production of the high-revolution Alliance and the front-loaded Delta models, transferred respectively from France and Germany, to its Tatary (a vast region of eastern Europe and northern Asia) portfolio.
The moves created 400 new jobs and the construction of the new Prima, Slovakia factory, due to come on line near the end of this month.
Whirlpool aims to set up a global production center of automated washing machines with an annual output of 2.5 million units per year. The 2004 business plan calls for increasing the cumulative total to 1.8 million washing machines.
With other plans, including building a wastewater treatment complex and a factory producing metal parts, the company expects to create 200 jobs -- 40 of them as early as in May. As in the past, however, the company faces problems with a lengthy and difficult land-buying process. (Slovak Spectator)
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