AU Optronics - Taiwan in major investment in Slovakia

huge new factory making flat screens in Slovakia
The Prime Minister of Slovakia helps inaugurate the large investments of this Asian flat screen maker AU Optronics Corp. (ADR) (NYSE)

3000 jobs are expected to be created by this development as well as more at suppliers' plants.

In related news Deutsche Telekom Shared Services s.r.o. (DTSS) will gradually be expanded to support all Group subsidiaries in Europe. These will subsume functions from other regions and served from Bratislava.
By late 2015, more than 500 additional jobs are expected to be created in Bratislava.

(DTSS) will gradually take over tasks from the finance and accounting processes of all Deutsche Telekom subsidiaries in Europe. For this purpose, selected operations will be concentrated in Bratislava over the next couple of years.

DTSS began handling various accounting processes for the Group subsidiary T-Systems in 2006. The accounting services provider was known as T-Systems VICOS GmbH until 2009. Bundling international accounting tasks in Bratislava will support the standardization of internal processes in high quality and thus improve efficiency while also lowering costs. Today, DTSS and its 100 employees already provide services to 14 international and nine associated German companies.

Stefan Hofbauer, Managing Director of DTSS: "The planned expansion of Deutsche Telekom Shared Services s.r.o. reflects our clear commitment to our operations in Bratislava. In just a few years we will be the central European organization responsible for handling many of the Group's accounting tasks."

Deutsche Telekom is one of the world’s leading integrated telecommunications companies with around 128 million mobile customers, 36 million fixed-network lines and approximately 17 million broadband lines (as of March 31, 2011). The Group provides products and services for the fixed network, mobile communications, the Internet and IPTV for consumers, and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in over 50 countries and has around 244,000 employees worldwide. The Group generated revenues of EUR 62.4 billion in the 2010 financial year – more than half of it outside Germany (as of December 31, 2010).

Who is doing well in the Eurozone and who is stagnating


Their Excellencies the ambassadors of Denmark, Norway and Netherlands to Slovakia are all female and cyclists

It seems to be consistently true, the more barbaric a country and the more dictatorial the leader the more he transports himself in self-important motorcades with massive police escort, big cars/limousines etc.

Bratislava's ambassadors from some other small EU states prefer the bicycle as you can see from the photo. This is great and it is an example that should be surely followed by others. Bratislava's mayor, Milan Ftacnik says he is a fanatic cyclist. He needs to prove it. Pedestrianise some car-clogged streets, ban cars from stare mesto completely, including those of local residents. The only cars should be allowed up the diplomatic hill. Anywhere in the centre from the Andrejsky cintorin and nivy, to the castle should be pedestrianised immediately.
Their Excellencies the ambassadors of Denmark, Norway and Netherlands to Slovakia are all female and cyclists


Meanwhile the re-enactment of the coronation of the Austrohungarian queens and kings in Bratislava is something you shouldn't miss if you are here, it is really great.

all austrohungarian kings and queens were crowned in Bratislava including empress Maria-Theresa

Geeky, how the new train station in bratislava will be linked up.

How the main train station will be connected to a new main train station called Filialka. The stops will eventually be Vienna, Hauptbanhof (new central station in Vienna being currently built) Flughafen Wien, Hlavna stanica (main train station in Bratislava), Filialka Bratislava Airport