Volkswagen Slovakia's Bratislava facility hasn’t laid off employees in response to the economic downturn and global financial crisis yet.
"The present macro-economic situation is a great challenge for Volkswagen. But we haven't decided to lay off employees yet," Petra Kapráliková from the company's press department told the TASR newswire on October 20. She said that the company's actions depended on demand for cars.
"(As demand) is lower now, we have decreased production. If demand increases at the beginning of next year, we'll produce more," Kapráliková said.
A company-wide vacation is to start earlier this year.
"It will start on December 15 and last until January 7," she said.
Volkswagen Slovakia was established in 1991 as a joint project of BAZ and Volkswagen AG. Its revenues came to Sk193.4 billion (€6.42 million) in 2007. TASR
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
21. Oct 2008 at 7:00