The Canadian-Austrian automotive group will return the state support it received for the now terminated investment in a paint shop in Hoče. Magna will return the EUR 18.6 million it got for the greenfield investment plus EUR 3.6 million in interest.
This comes after Magna earlier this year informed the ministry of their decision to cease operations at the paint shop in Hoče.
The repayment will be made to the Slovenian budget in mid-June. Minister Han expressed hope for increased foreign investment in Slovenia in the future, citing successful companies such as Lek and Yaskawa.