Spectator on facebook

Spectator on facebook

BUSINESS DIARY

Sk77 billion trade surplus for VW in 2004

VOLKSWAGEN (VW) Slovakia manufactured cars and car components worth Sk173 billion (€4.53 billion) in 2004. The Bratislava VW plant produced 223,524 cars, 357,683 gearboxes, and 16.4 million gearbox components in 2004.

VW Slovakia reported a trade-balance surplus of more than Sk77 billion (€2.02 billion) last year, which represents year-on-year growth of approximately Sk4 billion.

The firm's 2004 exports exceeded Sk172 billion (€4.51 billion), while imports stood at Sk95 billion (€2.49 billion). VW Slovakia had 8,247 employees on its payroll at the end of December 2004.

The car company is the biggest Slovak exporter, making up 20 percent of the country's total exports. The firm produces the VW Touareg, VW Polo and Seat models. However, Seat Ibiza assembly will be moved back to Spain. VW Slovakia is launching a new project at the turn of 2005: production of Audi Q7 off-road category cars.

Compiled by Spectator staff from SITA reports

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava