BUSINESS IN SHORT

VW SK to get €1.1 billion investment

VOLKSWAGEN announced plans to invest up to €1.1 billion in its Bratislava automobile plant to expand the facility’s welding and body building capacities as well as to upgrade its research capabilities, the etrend.sk internet portal reported.

VOLKSWAGEN announced plans to invest up to €1.1 billion in its Bratislava automobile plant to expand the facility’s welding and body building capacities as well as to upgrade its research capabilities, the etrend.sk internet portal reported.

The investment is expected to increase the factory’s production of car bodies by 1,100 pieces a day and open 1,200 new jobs in a four-shift operation.



The investment in the research centre will focus on new methods of welding, innovative approaches for producing car bodies, and design of moulding equipment, the Sme daily reported.


Get daily Slovak news directly to your inbox

Top stories

White Crow laureates (l-r): Andrej Belák, Jolana and Štefan Náther, Jaroslav Macek

The stories of White Crow laureates show how important it is to speak up against injustice

The awards went to four initiatives in justice, education, health care and minorities.

25. jan
The mass testing in Nitra.

News digest: Results from weekend nationwide testing still not out

The parliamentary committee recommends one candidate for new police chief. NASA picks a picture by Slovak photographer as its Astronomy Picture of the Day.

17 h
Gábor Grendel (OĽaNO), Juraj Šeliga (Za Ľudí), and SaS MPs Marian Viskupič and Jana Bittó Cigániková.

Matovič government takes after Smer in lawmaking

The second-largest testing scheme of the whole population is underway in Slovakia. Government says they ordered enough vaccines. Layoffs of transnationals in Bratislava.

22 h
PM Igor Matovič (front) and Economy Minister Richard Sulík (back)

Hlas is gaining strength, along with Sulík’s SaS

At the same time, most people think PM Matovič is not managing the coronavirus crisis well.

25. jan