Continental expands in Slovakia

THE GERMAN company Continental, which has been producing components for cars’ brakes, continues to expand in Slovakia. It will build a new storage hall in Zvolen.

THE GERMAN company Continental, which has been producing components for cars’ brakes, continues to expand in Slovakia. It will build a new storage hall in Zvolen.

“The further expansion of the company is currently in the approval process at the company’s headquarters,” Nicole Geissler, the vice-president for communications told the TASR newswire in relation to investment stimuli recently approved by the Slovak cabinet. Construction should begin in 2013.

Continental Automotive Systems Slovakia applied for investment stimuli in December 2009, but the Slovak cabinet green-lighted the stimuli only some weeks ago.

The company is planning to invest another €25 million in Zvolen and employ 500 people, and has requested a tax holiday of €4.5 million. It has already employed a portion of its planned staff. The plant currently employs about 600 people.

Top stories

News digest: Coalition bargains on closed schools for open shops

Antibodies testing is not an indicator to decide whether to vaccinate against Covid. More than 3,500 Covid patients in hospitals.


7 h
Coalition partners announced the agreement.

Anti-Covid measures for Christmas announced in Slovakia

Lockdown continues in another form, shops will open, schools will close earlier than expected.


9 h
Illustrative stock photo

Booster or bust: Foreigners still face vaccine barriers in Slovakia

How to have your Covid vaccine doses received abroad recognised in Slovakia.


12 h
Skryť Close ad