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The Austrian car maker Magna Steyr will invest 1.24 billion euro in a car factory in Slovenia that will be located in Hotsse-Slivnitsa municipality. The large-scale facility will employ over 6 000 workers, BalkanEngineer.com learned from an official publication on the Slovenian government's website.
The final target of the investment project, which will be divided into 4 phases, is to create a fully operational motor vehicle factory in Slovenia with an annual capacity of 100 000 to 200 000 vehicles.
The deadline for the strategic investment realization is 10 years after the signing of the agreement. The investor will reveal 404 new job positions in the first phase and an additional 1500 in the second. Estimates show that within the ten years of implementation the number of newly created jobs will reach 6000.
Source of images: Magna Steyr