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Press release


U. S. Steel Kosice sponsors Investment Road Show

Author: USS Košice

May 17, 2004, Kosice - For the third time U. S. Steel Kosice is sponsoring an Investment Road Show in North America. The objective of this seminar is to bring foreign Direct Investment into Eastern Slovakia.

USSK Economic Development Center (EDC) personnel in close cooperation with SARIO kicked of this round of conference today in Toronto - The first time this event has been in Canada. This week, the team of experts on investing in Slovakia, will also discuss opportunities with potential investors in New York, Chicago and Detroit.

As at previous conferences an integral part of each meeting with investors is the EDC proven and highly praised Investment Workshop, which details the various facts of investment in Slovakia.

In addition to discussing opportunities, potential investors are also candidly informed about obstacles and how to deal with them.

"Every investor should know about significant opportunities which there are to invest in Slovakia. The atmosphere and support for the business community is excellent. It is important that people looking to invest understand the positive factors that have happened and are continuing to happen in Slovakia with respect to investment," said Christopher Navetta President of USSK .

U. S. Steel, at the time of it's acquisition in Kosice agreed with the Slovak government that it would promote economic development in Slovakia. U. S. Steel has decided to continue its support to this economic development despite the fact that commitment expired more than one year ago.

"There are the great opportunities here and we want to do our best to make sure Slovakia and the region achieve the benefits they deserve, " added Navetta.

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Further information:

Jan Baca
Director Public Affairs
U. S. Steel Kosice, s.r.o.
Tel.: +421 55 673 4476
Fax: +421 55 673 0330