Spectator on facebook

Spectator on facebook

New Volkswagen project to create 1,500 jobs in Slovakia

The New Small Family vehicle project was launched at Volkswagen's Bratislava facility on November 23 with the laying of a foundation stone in a ceremony attended by PM Robert Fico, the TASR newswire reported.

The New Small Family vehicle project was launched at Volkswagen's Bratislava facility on November 23 with the laying of a foundation stone in a ceremony attended by PM Robert Fico, the TASR newswire reported.

New innovative small vehicles will be produced under the project. Production of the new Volkswagen model UP!, which is part of the New Small Family group, and the decision to locate production at the Bratislava facility was announced by the company's management in April this year. The estimated sum of the investment is €308 million.

The production capacity of the Bratislava facility should increase to 400,000 vehicles a year after the New Small Family line is launched. According to chairman of the company board Andreas Tostmann, the production of the new model will create 1,500 new jobs, while the construction of new facilities - painting and assembly halls - will also provide work to approximately 1,800 people from many professions.

In all, the new line of vehicles will mean work for 7,000 people not only directly in production but also among suppliers, with Slovakia enjoying a 50-percent share of this number of jobs. Volkswagen's activities will significantly contribute to renewed economic growth in 2010 and 2011, Fico told the TASR. 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.

Top stories

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava

People of Pezinok fighting against landfill again

Dispute over controversial Pezinok waste dump, which started 18 years ago, continues.

The controversial landfill site in Pezinok

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.

First Slovak woman crossed the English Channel

Before her, only six Slovak men had managed to complete the difficult swim.