Porsche will get €2 million for its project in Slovakia

The German car producer will build a tech centre in Piešťany.

Established in 1991, Volkswagen Slovakia has developed into the biggest private employer in Slovakia.Established in 1991, Volkswagen Slovakia has developed into the biggest private employer in Slovakia.(Source: Courtesy of Volkswagen Slovakia)

A new investment will be made in Piešťany, western Slovakia. The government has approved an incentive of €2 million for Porsche, the TASR newswire reported.

Related articleTwo German companies vie for investment stimuli Read more 

The German car producer, owned by Volkswagen, is planning on building a new technology centre, focusing on automatisation and robotisation of car production in Horná Streda, near Pieštany.

Porsche is expected to invest, through its subsidiary Porsche Werkzeugbau in Dubnica nad Váhom, nearly €13.6 million by 2020. It should employ 34 workers in the village by 2023.

In the new centre, the company will develop and verify the manufacturability of components and prepare prototypes of production equipment for the car industry.

Porsche will also test prototypes of automated lines for joining, gluing, riveting and screwing sub-assemblies as well as entire assemblies of components.

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

Triple coalition PS/Spolu/Za Ľudí? Not for now

Kiska said no, but there are talks about a broader pre-election coalition across opposition parties.

Left to right: Igor Matovič (OĽaNO), Ondrej Dostál (OKS), Richard Sulík (SaS), Miroslav Beblavý (Spolu), Michal Truban (PS), Andrej Kiska (Za Ľudí), Alojz Hlina (KDH)

Judge steps down for exchanging messages with Kočner

Several people have resigned after appearing in the Threema communication so far.

David Lindtner

Prosecutor brings charges against Kočner in the Kuciak murder case

Apart from Kočner, three other people were formally charged.

Ján Kuciak and Martina Kušnírová were commemorated in Bratislava on August 26.

Blog: AI and Slovakia: Labor costs to become less important

Which policy challenges and risks will AI bring to converging economies, such as Slovakia? Vladimir Zlacký, Founder of LookingEast.eu, offers an interesting answer.