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Slovakia eyes BMW for fourth car plant

Thursday, 28 Mar 2013
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Slovakia is eyeing a possible investment by German luxury carmaker BMW as the eastern European eurozone nation seeks to shift up its auto manufacturing sector.


Investors including auto manufacturers are eligible for either cash incentives or tax breaks from the Slovak government depending on the region in which a company chooses to invest. Slovakia already hosts factories owned by Germany's Volkswagen, South Korea's Kia and Peugeot Citroen of France, which rolled out 900,000 cars last year.


Source: GlobalPost.com

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