1,200 jobs to vanish in Prievidza

THE JAPANESE firm Yazaki Slovakia, a producer of wiring systems for the automotive industry, said it will shut down its production plant in Prievidza and lay off 1,200 employees. The company’s consultant, Adam Tkáč, confirmed this to the SITA newswire on April 30.

THE JAPANESE firm Yazaki Slovakia, a producer of wiring systems for the automotive industry, said it will shut down its production plant in Prievidza and lay off 1,200 employees. The company’s consultant, Adam Tkáč, confirmed this to the SITA newswire on April 30.

Yazaki Slovakia has operated in the Upper Nitra region since the mid-1990s. The plant will be shut down by June 30 this year. The company explained that the main reason for its action is pressure to reduce prices in the automotive industry which has affected the market prices of its products. Prices are now 40 percent below production costs, Yazaki said. The company posted losses of over €18 million last year, it told SITA.


Get daily Slovak news directly to your inbox

Top stories

News digest: Some schools open, so do some ski resorts

Top prosecutor to be appointed soon. Zsuzsová goes to prison in a murder case. Pezinok judges are busy deciding about custodies for high-profile suspects.

Health Ministry gearing up for COVID vaccines

Mass campaign planned to get people to take jab.

Illustrative stock photo

He was almost murdered. Instead, he is to become general prosecutor

It was not clear whether the election would take place on December 3 until the very last moment.

Maroš Žilinka

Žilinka elected the next general prosecutor

He received 132 votes out of the 147 present MPs.

Maroš Žilinka