Volkswagen Slovakia could receive a €500-million investment

The Igor Matovič cabinet is promising to establish a training centre, build rental flats and improve public transport for the carmaker to win the investment.

PM Igor Matovič, second from right, meeting with VW Slovakia representatives - Oliver Grünberg, the Chairman of the Board of Volkswagen Slovakia, and Andreas Tostmann, second and third from left.PM Igor Matovič, second from right, meeting with VW Slovakia representatives - Oliver Grünberg, the Chairman of the Board of Volkswagen Slovakia, and Andreas Tostmann, second and third from left. (Source: Government Office/SITA)

A memo between the government and the Volkswagen carmaker that was not meant to be published shows Slovakia is in the running for an investment of at least €500 million.

The Letter of Intent to Invest was signed by representatives of the Slovak cabinet and the Slovak arm of the German carmaker Volkswagen Slovakia on July 7.

“Somebody was more diligent than appropriate,” said PM Igor Matovič (OĽaNO) regarding the information the Government's Office first published with photos and a video and then withdrew on July 8, as cited by the SITA newswire.

Related articleVolkswagen scraps plans in Turkey and might look at Bratislava instead Read more 

In the meantime, the Volkswagen Group has confirmed that it signed the Letter of Intent for SITA, refusing to specify any details.

It only informed that due to the coronavirus crisis and its significant impacts on the global car market, it has halted plans for a brand new production plant, adding that available capacities in its current production plants’ networks are sufficient for now.

Passat and Superb might come

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