Spectator on facebook

Spectator on facebook

Bloomberg: Land Rover will be in Slovakia or Poland

JAGUAR Land Rover, the British luxury-car unit of Tata Motors Ltd., is closing in on a decision to expand its manufacturing base, with Poland and Slovakia the leading candidates for an investment that could total more than $1.85 billion, the Bloomberg newswire wrote.

Jaguar symbol(Source: SITA/AP)

A sixth round of negotiations begins on July 6, Deputy Prime Minister Janusz Piechocinski said at a press conference on July 3, in response to a question about Poland’s talks with Tata Motors.

The British carmaker “continues to evaluate opportunities around the world to increase its global manufacturing footprint in the future,” the Whitley, England-based company said in an e-mail. “Europe is an attractive option, but it is just one of the places under consideration”.

The car manufacturer is considering Poland and Slovakia as potential locations for Jaguar’s new plant, with Krakow in southern Poland a leading possibility, the Polish edition of Newsweek reported in April. The two countries are competing to provide a site for a plant, which would produce as many as 350,000 vehicles a year with production due to begin in 2019. The total investment of the project is more than $1.85 billion, Piechocinski said as quoted by Bloomberg.

Topic: Automotive


Top stories

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo

Ryanair cancels some flights from and to Bratislava

The Irish low-cost airline publishes full list of cancellations

Irish budget airline Ryanair is believed to be cancelling up to 50 flights every day over the next six weeks because it "messed up" its pilots' holiday schedules.