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Prime Minister Cerar attended the cornerstone laying ceremony for the new Lonstroff factory

Slovenian Prime Minister Miro Cerar attended the cornerstone laying ceremony for the new Lonstroff factory today. In April 2018 the government of the Republic of Slovenia signed a contract with the company worth EUR 4,800,000. Prime Minister Cerar gave a warm welcome to the company, which is investing EUR 48 million in the factory in Logatec and creating at least 180 new jobs. “It’s an important development for Logatec and Slovenia. This will be a new high-tech factory, one of the most advanced in its industry,” said Prime Minister Cerar.

In his address Prime Minister Miro Cerar said with conviction that the combination of Slovenian, Japanese and Swiss knowledge and work ethic would be significant for a successful market breakthrough. Prime Minister Cerar emphasised that “Japan is an important strategic partner” and that projects such as Yaskawa, Daihen Varstroj, Nedo and Summitomo serve as the beginning of the high-quality and long-term collaboration that the countries have established in both the political and economic spheres. “New investment projects like this are proof of the economic rebirth under this administration,” said Dr Cerar, adding that “this government welcomes anyone who wishes to create new jobs and contribute to Slovenia’s further growth with open arms –investment legislation has helped us level the pitch for foreign and domestic investors.”  

The Government uses several measures to stimulate further economic growth, and has allocated EUR 896.3 million since 2014 in European grants and loans for economic stimulus funds. Since 2014, EUR 38.15 million has been allocated to foreign direct investments. Prime Minister Cerar pointed out that each new investment was extremely important, and that this was particularly true of investments in underdeveloped areas such as Logatec, where Lonstroff is building their plant.”