The Slovak branch of German carmaker Volkswagen will invest some €5.5 million to expand the production of its plant in Martin (Žilina Region). It has already submitted a proposal to the respective authorities, the ČTK newswire reported.
The first phase of the investment in the plant, which produces gearboxes, should be completed next autumn. The company plans to create 30 new jobs.
Most of the products of the Martin-based plant are exported abroad, while a part of them goes to the plant in Bratislava where SUV and small cars are manufactured, ČTK wrote.
