Groundbreaking ceremony of AU Optronics Corporation (AUO) in Trencin

Friday, 16. April 2010

Chief Executive Officer of the Slovak Investment and Trade Development Agency Mr.Juraj Kiesel participated at the groundbreaking ceremony of AU Optronics Corporation (AUO) in Trencin. The Minister of Economy of the SR Mr. Lubomir Jahnatek; Vice President of Global MFG Planning, AUO Mr. Fred Hsieh; Mayor of Trencin Mr. Branislav Celler; the representatives of local government and municipalities as well as the representatives of Parliament and Government took part at this event.


AUO as one of the foremost producers of the LCD panels in the world had decided to invest 191,3 million EUR to the factory in Trencin with the assumption to create about 1.300 direct and almost 2.000 indirect jobs. Taiwanese investor plans to start the production in the beginning of 2011.


SARIO Chief Executive Officer said in this context: “Despite of the global crisis and general decrease of the investment activities in all economically developed countries of the world, we need to understand the AU Optronics investment much deeper – as a message that Slovakia is a good destination for investors. About the positive investment climate in the SR testifies also the result of the current opinion poll of three Chambers of Commerce: Slovak -German Chamber of Industry and Commerce, Slovak – Austrian Chamber of Commerce and French- Slovak Chamber of Commerce, and according the results of this poll, 9 out of 10 addressed respondents would invest in Slovakia again.”


Additional information on the investor:

AU Optronics Corporation with its branches on three continents (Asia, Europe and the U.S.) operates 13 factories for TFT-LCD panel production (G3.5, up to G8.5 fabrications), 10 factories for TFT –LCD module production and 2 technology centers. In 2007 it reached sales in total volume of 10 billion Euros and nowadays it employs over 42,000 employees in its global branches in Taiwan, China, Japan, Singapore, the Republic of Korea, the U. S. and Europe. In 2008 its sales volume reached 12.9 billion USD. AU Optronics Corporation is the first pure TFT-LCD manufacturer to successfully list at the New York Stock Exchange (NYSE).


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