Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

BMW eyes Slovakia

SLOVAKIA could become the location for the branch of yet another carmaker: German car manufacturer BMW is considering opening a new factory here.

SLOVAKIA could become the location for the branch of yet another carmaker: German car manufacturer BMW is considering opening a new factory here.

“We will definitely need more production capacities,” BMW board member Ian Robertson told the Hospodárske Noviny daily, “and we plan to build one of the factories in eastern Europe.”

He admitted that Slovakia was one of the potential locations. Last year, the car producer denied reports about the possibility of opening a factory in Slovakia, but the idea has since become viable, according to Robertson. The Slovak Economy Ministry’s spokesman Stanislav Jurikovič confirmed for the daily that his office is aware of BMW’s interest in Slovakia.

BMW had a record year in 2012 in terms of both sales and profits, Hospodárske Noviny wrote in its March 20 issue. By 2020, it plans to become a market leader in luxury cars, but it does not have sufficient production capacity. Slovakia is vying for the new factory along with Hungary, the Czech Republic, Slovenia and Croatia. If Slovakia wins, the factory will probably be built in the east of the country.

Top stories

Danko’s office opens MPs’ letters

OĽaNO wants Danko to step down as parliament’s speaker after what they call an unprecedented measure.

Igor Matovič (l) and Ján Budaj (r)

Government ignores anticorruption demands Photo

Protesters gave the government two weeks to fulfil their demands.

Blog: We can always count on the nerds…

Brands need to focus on doing good and that this approach is the only option if they want to stay relevant, credible and even profitable, says Thomas Kolster.

Thomas Kolster speaking

Drivers in Bratislava should prepare for worse traffic

Dissatisfied taxi drivers will go on a protest ride from Petržalka to Lamač on Wednesday.

Taxi drivers protested against Uber already in 2015.