BUSINESS IN SHORT

Car production rose in 2013

A TOTAL of 987,718 cars were produced in Slovakia last year, up by 6.6 percent compared to 2012. The number of cars produced per 1,000 inhabitants in Slovakia stood at 182 in 2013.

A TOTAL of 987,718 cars were produced in Slovakia last year, up by 6.6 percent compared to 2012. The number of cars produced per 1,000 inhabitants in Slovakia stood at 182 in 2013.

“We are still the largest automobile manufacturer [per capita] in the world,” Jaroslav Holeček, head of Slovak Automotive Industry Association (ZAP), told the press on April 30, as quoted by the TASR newswire.

ZAP does not expect a further increase in production this year. Overall, more than 900,000 vehicles should be produced.

The association also noted a growing trend in sales of new cars, with the number of registrations in the first quarter of 2014 surpassing the figures for the same period last year. The number of cars owned per 1,000 inhabitants stood at 348 vehicles last year, which represents an increase of more than 7.4 percent compared to 2012, as reported by TASR.

ZAP data shows that companies operating in the automotive industry produce 26 percent of Slovak exports, thus contributing €4.5 billion to Slovakia’s positive budget balance.

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.

Top stories

Dual quality in the EU will be punished

Slovakia’s Agriculture Ministry welcomed the change, calling it a victory.

Food prices keep falling.

Blog: Bringing top business minds and students together

Martin Kardoš of CSI Leasing introduces the Mentor Network Program aimed at pairing young talents with experienced mentors from the business world.

Martin Kardoš, Managing Director CEE at CSI Leasing, at one of the Mentor Network Program events.

Blog: What about parking slots for “brains”?

Will the state of biomedical research trigger reactions at least half as passionate as Bratislava's parking policy?

Illustrative stock photo