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Automotive industry output at Sk240 billion last year

The total output of the automotive industry in Slovakia reached Sk240 billion (€5.89 billion) in 2003, compared to its 2002 results of Sk185 billion (€4.54 billion), news wire SITA wrote.

Originally production from Sk160 billion (€3.93 billion) to Sk200 billion (€4.91 billion) was a target for 2010.

Apart from the growth of final production boosted by a new production programme in Volkswagen Slovakia, the increase of subcontractor deliveries also pumped up the numbers for the industry, the Economy Ministry said in its report.

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

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