Dubai's RKN Global scraps plans for Slovakia plant

Dubai-based secure printing specialist RKN Global has scrapped plans for an 89 million euro factory in Slovakia, blaming hostility from the Slovak opposition and media, as well as increased uncertainty after Britain's vote to leave the European Union. The company said the factory, which was to have manufactured secure ID and e-cards, would have created more than 1,200 jobs in Banska Bystrica, a central Slovak region where unemployment is nearly 14 percent, against the 9.5 percent national average.