24. January 2019 at 10:01

Which companies in Slovakia does Brexit put in jeopardy?

Slovakia's car industry already faces lower demand in Britain.

Marek Poracký

Editorial

(source: Sme)
Font size: A - | A +

Kia exported nearly every seventh vehicle produced in its Žilina car plant to Great Britain in 2018, making it the second most important market for the Korean company's plant in Slovakia.

Of the 333,000 cars manufactured in Žilina last year, roughly 50,000 were sent to Britain.

SkryťTurn off ads
SkryťTurn off ads
Article continues after video advertisement
SkryťTurn off ads
Article continues after video advertisement

At the end of March, the United Kingdom, however, leaves the European Union. No one yet knows what Brexit will look like and whether the date when Britain is set to leave is still valid. Britain's Prime Minister Theresa May has failed to have her Brexit deal accepted at home and has not submitted any plan B.

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription -  Sign in

Subscription provides you with:

  • Immediate access to all locked articles (premium content) on Spectator.sk

  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)

  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you

  • Access to all premium content on Sme.sk and Korzar.sk

SkryťClose ad