Peugeot looking for new factory in central Europe

PSA Peugeot Citroen, the second largest European car maker, has held talks with the Slovak investment agency, Sario, in connection with its intent to build a new 700 million euro factory in central Europe that will come on line in 2006.

The firm is also looking at sites in Poland, Hungary and the Czech Republic. The factory would employ 3,000 and eventually turn out 300,000 vehicles a year, raising Peugeot’s production overall from 3.25 million this year to 4 million.

The company now has three factories in France, and plans to open another in the Czech Kolín in 2005.

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

Get daily Slovak news directly to your inbox

Top stories

Car industry needs to jump on the latest trends

Economy minister promises extensive support for hydrogen technologies in Slovakia.

The Hydrogen Technology Research Centre (CVVT) is to be launched at the end of 2020 or beginning of 2021 in Košice to do R&D in this field.

Half of all parents lack time to help their children with distance learning

Some have a hard time motivating their children, others do not understand the curriculum.

What brands should do in a pandemic of distrust

Strategic communication lessons of the COVID-19 pandemic summarized and explained by experts from Seesame.

Illustrative stock photo

Want to publish a book? You can do it yourself

Self-publishing is setting a new trend.

Nikoleta Kováčová has published two cookbooks without the aid of a publishing house.