BUSINESS IN SHORT

Volkswagen to build a press shop

THE SLOVAK branch of Volkswagen is finalising preparatory works for construction of a new pressing shop that will specialise in the manufacture of car bodies at its Bratislava automobile production complex.

THE SLOVAK branch of Volkswagen is finalising preparatory works for construction of a new pressing shop that will specialise in the manufacture of car bodies at its Bratislava automobile production complex.

The new investment is valued at €85 million and will create around 100 new job positions, the SITA newswire reported.

“The pressing shop will allow us to broaden the depth of the production of vehicles made at our plant,” said Andreas Tostman, the chairman of the board of Volkswagen Slovakia, as quoted by SITA.

“It will help to reduce the time for circulation of materials and therefore costs,” he added.

Actual construction of the pressing facility is planned to start in the second half of 2011 and it is expected to start production in the third quarter of 2013.

The facility will cover an area of over 19,000 square metres.


Get daily Slovak news directly to your inbox

Top stories

Better times ahead for the Calvary in Bratislava

The last preserved station was restored this summer.

The last preserved station of the Stations of the Cross in Bratislava

Why you need to buy a belt

On this Black Friday, with society teetering on the brink of chaos, I ask that we all do our part.

Roundup: Bratislava’s Old Market Hall hosts Christmas markets

If you have not watched the 'Dracula' miniseries, filmed in Slovakia last year, it is about time.

Bratislava’s Old Market Hall will provide visitors with Christmas vibes in the coming four weeks. Each week, from Wednesday to Saturday, people can do a little bit of Christmas shopping at the venue.

Fico admits to ties with Bödör

Former prime minister stands by his praise for the state secretary who confessed to corruption and court interference.

Robert Fico during his November 26 press conference.