Automotive

Updates on production, innovation and investment in Slovakia's largest industry: automobile manufacturing

The Hella company's building in BƔnovce nad Bebravou, pictured in 2021.

Tesla’s troubles weigh on industry in western Slovakia, with layoffs looming

Automotive supplier Hella will cut jobs as weaker demand and Tesla’s struggles ripple through Slovakia’s economy.

Production halls at Matador Automotive’s Nitra operation, photographed in 2017. The Slovak group has since expanded in DolnĆ© KrÅ”kany with a new plant focused on aluminium alloy components for the automotive industry.

Cyberattack on Jaguar Land Rover ripples through Slovak supply chain

Jaguar Land Rover’s Nitra plant has been shut for three weeks after a cyberattack, forcing suppliers to cut shifts and fuelling calls for government aid.

Tour of the DH Autolead plant in KrƔsno nad Kysucou.

South Korea’s DH Autolead opens plant in Slovakia to supply carmakers

The plant will assemble steering wheels, employ 50 people, and expand its supply network to Hyundai, Kia, Jaguar, Å koda and Volkswagen.

The launch of the third unit at the Mochovce nuclear power plant has boosted the financial performance of SlovenskƩ ElektrƔrne.

Who are the most important business players in Slovakia?

It is particularly energy and automotive sectors that drive Slovakia’s economy, the Forbes’ exclusive ranking shows.

Volvo Car KoŔice plant, eastern Slovakia

Pull out your CVs: Volvo’s mega plant is hiring thousands

Volvo plans to hire 1,000 people in Slovakia this year, according to Marc Gombeer, head of Volvo Car Slovakia.

The production facilities of the Jaguar Land Rover plant in Nitra.

Jaguar Land Rover halts Slovak production after cyberattack

Carmaker forced to shut down IT systems as Nitra plant employing 5,000 workers remains idle for days.

Traffic accident involving a government limousine carrying Finance Minister Ladislav Kamenický of Smer.

Car trouble

Slovak politicians are still struggling to get from A to B without encountering expensive mishaps.

Wage costs keep increasing in Slovakia.
Volkswagen Passat was the first model ever to be produced in Bratislava after Volkswagen started vehicle production in Slovakia in 1991.

If introduced, US tariffs would hit Slovakia significantly

Automotive industry would be affected the most. Ā 

Illustrative stock photo

Diversifying the automotive industry to the mobility sector

Jaroslav Leitmann of Civitta takes a close look at Slovakia's potential in the promising mobility sector thanks to its already strong automotive industry.

Illustrative stock photo

Development in car industry worries Slovakia as well as Germany

Slovakia mimics economic development of its most important trade partner.

Several measures should help remove barriers for the automotive industry

They also may be applied on the entire business sector, according to the Economy Ministry.

Industrial park in Kežmarok, eastern Slovakia, where Mubea Automotive will build its plant.

Government recognises significance of Mubea Automotive's investment

The company will build a new factory in Kežmarok, one of the least developed regions in Slovakia.

Businesses in Slovakia go on to be dissatisfied with the business environment in the country.

Problems in car industry and Brexit will impact Slovakia's economic growth

The central bank expects the economy to slow down in the following years, too.

Slovaks throw away a pile of 460 kilograms of clothes every ten minutes.

Car interior or house insulation. What happens with your recycled clothes?

Slovaks throw away 460 kilograms of clothes every ten minutes.