Spectator on facebook

Spectator on facebook

VW Slovakia may reduce production in Bratislava

The Supervisory Board of Volkswagen AG is to decide in the middle of November whether to discontinue production of VW Polo cars in its Volkswagen Slovakia plant (VW Slovakia) in the spring of 2008 and move it to Pamplona and Brussels, announced Vladimir Machalík of VW Slovakia's communication department.

"It would be more economically feasible to produce the VW Polo at two sites rather than three," Machalík added.

The SB is also to decide on the content of future production in the Bratislava plant.

VW Slovakia was established as a joint venture of the BAZ firm and the German automobile concern Volkswagen AG in 1991. It is a production and assembly plant that produces passenger cars, gearboxes and their components. Currently, it makes four types of cars for three different brands of the concern, namely the VW Touareg, Audi Q7, VW Polo and the Porsche Cayenne.

Last year, the Slovak firm's sales reached a historic high of €5.2 billion (approximately Sk195.5 billion). The company manufactured 238,657 cars, 376,548 gearboxes and 20.4 million gearbox components. Company exports amounted to Sk190.9 billion and imports to Sk116.5 billion. SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.