UK carmaker Jaguar Land Rover has picked Slovakia – over Hungary, reportedly – for the site of its new Eastern European plant. Slovakian Prime Minister Robert Fico said his government had signed a declaration of intent with the company, a member of India’s Tata Group, on construction of the plant. A feasibility study is now expected, on the basis of which an investment agreement could be signed by year-end. In May, the Financial Times said Hungary was on a shortlist of four countries for the plant, with Slovakia, Poland and the Czech Republic.
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