Volkswagen Passat was the first model ever to be produced in Bratislava after Volkswagen started vehicle production in Slovakia in 1991. (source: Courtesy of Volkswagen Slovakia)
Volkswagen Slovakia, the Slovak arm of the German carmaker and the oldest carmakers in Slovakia, posted a record turnover for last year. Compared with the previous year it increased by €2 billion to €11.76 billion. Profit before taxation grew by 15 percent to stand at €319 million. Thanks to the improving situation in the supply chain and logistics, it increased the number of cars manufactured by 22.4 percent, to 328,927. A strong investment period continued last year, with the amount of investments in new projects reaching €423.6 million, increasing the total investments to over €5.5 billion.
“We have managed to do all this despite the still challenging global conditions,” said chairman of VW Slovakia’s board of directors, Wolfram Kirchert, at a press conference in mid April. “At the same time, we’ve successfully launched the serial production of six new products.”
The biggest changes occurred when the production of the Volkswagen up! and e-up! models along with the compact SUV Škoda Karoq was terminated by the end of last year. They were replaced by new generations of the Volkswagen Passat and Škoda Superb Combi models, which were recently joined by a limousine version of the Škoda Superb.
