Vihorlat factory in Snina?
- So what ever happened to the Vihorlat factory in Snina?
10 years ago, it was being bought up. Their web site is out of action. I can't find the Dutch company web site.
Vihorlat investment: It's about time
Dutch buyer arrives as locals blame government for ignoring the east
The Vihorlat Snina factory employed 6,500 people during communism.... photo: Chris Togneri
17 Dec 2001 Chris Togneri Business
SNINA - The Vihorlat Snina factory, once the major employer in this far eastern Slovak region, has been bought by Vihorlat s.r.o., a firm co-owned by the Dutch firm Cebuwa (66%) and the Slovak Hubertus (34%).
The sale, which occurred in the fifth round of a year-old bankruptcy tender, was reported to have brought Vihorlat creditors Sk220 million ($4.6 million). Local residents and town representatives said they hoped the change in ownership would mark the end of a long series of layoffs and the beginning of an economic upturn in the poor - and neglected - Snina region.