19. December 2011 at 00:00

VW SK to get €1.1 billion investment

VOLKSWAGEN announced plans to invest up to €1.1 billion in its Bratislava automobile plant to expand the facility’s welding and body building capacities as well as to upgrade its research capabilities, the etrend.sk internet portal reported.

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VOLKSWAGEN announced plans to invest up to €1.1 billion in its Bratislava automobile plant to expand the facility’s welding and body building capacities as well as to upgrade its research capabilities, the etrend.sk internet portal reported.

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The investment is expected to increase the factory’s production of car bodies by 1,100 pieces a day and open 1,200 new jobs in a four-shift operation.

The investment in the research centre will focus on new methods of welding, innovative approaches for producing car bodies, and design of moulding equipment, the Sme daily reported.

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