RSS   Newsletter   Contact   Advertise with us
Post Online Media

Magna International wins Slovenia construction permit

Share on Twitter Share on LinkedIn
Staff Writer | Friday October 6, 2017 4:00AM ET
Magna International
Auto industry   400 new jobs

Slovenia has granted Canadian car parts maker Magna International a construction permit to build a paint factory in northeastern Slovenia.


Please disable your ad blocker for POST to be able to enjoy our free content.
The factory will create about 400 jobs initially and is the first stage of Magna's planned 1.2 billion euro ($1.4 billion)investment in Slovenia, which it says will create a total of 6,000 jobs.

"We have received the building permission today and the construction is planned to begin soon," said Magna spokesman Rej Husetovic.

The plant will represent one of the largest foreign investments in Slovenia. France's Renault also has a factory there while a number of Slovenian companies produce metal and textiles products for a range of global carmakers.

 

What to read next
POST Online Media Contact

 More inside POST