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AUTOMOTIVE INDUSTRY - LARGE INVESTORS CONTINUE TO ATTRACT A RANGE OF TIER 1 AND 2 SUPPLIERS

Auto suppliers settle in

ALMOST every month, companies in the automobile industry announce they intend to, or are in the process of, constructing a manufacturing plant, supply and assembly facility or distribution centre in Slovakia. They say the large industry players in Slovakia are attracting their investments: PSA Peugeot Citroen, KIA Motors Slovakia and Volkswagen. The Slovak Spectator brings you a round up of this year's happenings in the car industry in Slovakia.


February 2005

Austrian machinery firm Rübig announced it would invest €2.5 million in Slovakia on a factory for cleaning and the warm processing of metals. The company wants to supply international car industry companies based in Slovakia. The factory should create about 220 jobs.


March 2005

Brazilian producer of plastic components, CRW, announced plans to build a plant in Spišská Nová Ves. CRW explained that it had chosen Slovakia primarily to follow its business partner, Spanish Embraco. Although Embraco does not

have anything to do with the car industry, CRW produces parts for the car industry.


April 2005

Cikautxo from Spain decided to establish a factory in Slovakia in Nové Zámky. It will produce hoses for the car industry. Initially the company hopes to employ 60 to 70 employees. As the company establishes itself, that number should increase to 700.

An Australian producer of leather products for the car industry, Howe and Company (Howe Leather), established its European headquarters and a manufacturing plant in Košice. Its estimated annual turnover in Slovakia should reach €30 million. All of its production will be exported to carmakers outside Slovakia. The company's clients include BMW, Land Rover and Audi.


May 2005

Austrian Miba decided to build its second factory in Slovakia in Vráble near Nitra. The new plant will be focused at metal processing for the car industry. Miba wants to create 150 jobs in the new factory.


June 2005

Korean company Dongmee will construct a new factory in Strečno near Žilina. The company is one of the largest suppliers of chassis for the Korean car industry. KIA Motors Slovakia attracted the company to Slovakia.


July 2005

German auto supplier Getrag Ford Transmissions laid the foundation stone in Kechnec industrial park near Košice. Getrag is investing a total of €345 million. It will build a modern transmissions production plant and create around 750 jobs. The company expects its annual turnover to reach €300 to €400 million. All of the plant's output will be for export.


August 2005

German concern MöllerGroup announced an intention to build a plant in Liptovský Mikuláš to produce plastic components for the car industry. American company Wabash Technologies plans to create around 200 jobs at its new plant in Krakovany near Piešťany. The company will produce sensors for the car industry, which will be exported to France, Germany, Italy and Great Britain for Ford, PSA Peugeot Citroen and BMW.


September 2005

German Burgmaier announced an interest in building a factory in Vígľaš near Detva to produce metal-lathed components for the car industry. The company plans to invest €15 million and employ 300 people.


Compiled by Marta Ďurianová
from press reports

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