Arete begins work on Košice plant for Steelcon

The investment group Arete has begun construction on a 12,000 sqm specialized production hall in eastern Slovakia for Steelcon Slovakia, a European steel chimney producer. The €13m project is being built on land the investor bought last November on land located at the edge of the town of Košice in the Veľká Ida industrial zone. Steelcon Slovakia is part of the Danish group Dominion Steelcon. Completion is planned for the second half of the year. Arete is currently finishing work on the expansion of another production facility in Uherské Hradiště for the company Forschner. The electronics components producer does business with Audi, Continental, Daimler, Volkswagen, Philips nebo Bosch.