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Tytex Slovakia will receive an investment incentive of €484,085 in income tax relief to expand textile production in Humenné. The company plans to invest over €3.38 million in machinery by March 2025 and expects production to increase by 30.1%.
Danish textile company Tytex plans to move its production from the Chemes industrial park to the municipal Guttmanová zone in Humenné, Slovakia, with an €8 million investment to expand its existing smaller facility there, consolidating all 520 local employees.
| Site | Largest | Latest |
|---|---|---|
| Humenné, Slovakia | $8.70M | 2024-12-18 |