SLOVAKIA: Lorenz Shoe Plant To Create 1500 Jobs
Austrian luxury shoe fashion group Lorenz AG is to set up a new production plant in Bardejov, Slovakia over the next two years. The new plant will create 1,500 new jobs. The company is investing 600 million Slovak crowns ($12.5m) in the project, and an undisclosed foreign investor will contribute an additional 200m crowns ($4.2m) for technology and equipment.