Spectator on facebook

Spectator on facebook

FOCUS SHORT

Hopes for Indian car plants dashed

PLANS for the arrival of a new Indian car manufacturing plant in Slovakia have apparently fallen through, the Hospodárske Noviny daily wrote in late May. Daniela Piršelová, spokesperson for the Ministry of Economy, told the daily that the ministry has received no official application for support of the investment, nor do they have any information about any further plans.

PLANS for the arrival of a new Indian car manufacturing plant in Slovakia have apparently fallen through, the Hospodárske Noviny daily wrote in late May. Daniela Piršelová, spokesperson for the Ministry of Economy, told the daily that the ministry has received no official application for support of the investment, nor do they have any information about any further plans.

According to reports, plans for the Indian carmaker were solid last spring. The investment had been confirmed not only by the ministry, but also by the parent company of the carmaker, Vectra Group, the daily wrote. With a planned investment of about €60 million, the plant was projected to employ about 1,000 Slovaks in the manufacture of 20,000 to 30,000 electric cars annually near Bánovce nad Bebravou, where Vectra Group has a production unit.

The daily also reported that plans by Chinese carmaker JAC to produce cars in Slovakia have failed as well.

According to Róbert Kičina, the executive director of the Business Alliance of Slovakia (PAS): "Producing in Slovakia was apparently not advantageous enough given the higher production costs." He added that since the planned arrival of the carmaker was announced just prior to the parliamentary election, it might have been part of a pre-election campaign aimed at increasing the popularity of certain politicians who had claimed credit for the projects.


The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Topic: Foreigners in Slovakia


Top stories

People marched for LGBTI rights in Bratislava

Take a look at the Bratislava Rainbow Pride 2018 that took place on Saturday, July 14.

First Slovak LGBTI activist has fought for 40 years

Czechoslovakia was one of the first countries to say homosexuality is not a crime, also thanks to the first activists like Imrich Matyáš.

Imrich Matyáš (r) met with German publicist and lawyer Kurt Hiller (second r) in Ľubochňa in 1935.

Measles might spread further west

Police will assist the vaccination in communities from where the epidemic spread.

This is why I support the Pride march

There is still a lot of work ahead of us in the United States, in Slovakia, and around the world to fight for equal rights for everyone no matter who they are or who they love, writer US Ambassador to Slovakia.

Slovakia's first Gay Pride parade crossed Bratislava's New Bridge on May 22.