A new Porsche plant will be built in Slovakia

The investment is good news for the automotive industry during the coronavirus crisis.

Porsche sign, illustrative stock photoPorsche sign, illustrative stock photo (Source: AP/TASR)

German producer of sports vehicles Porsche has brought one of the biggest surprises during the coronavirus crisis. It plans to build a new body shop near Horná Streda (Trenčín Region) for €250 million.

SkryťRemove ad
Article continues after video advertisement
SkryťRemove ad
Article continues after video advertisement

It is expected to create jobs for 1,200 people, the Denník N daily reported.

The Germans have already submitted a proposal to respective authorities. The plant should be constructed between 2024 and 2026; full operation should be launched in 2027. The whole plant will have eight halls, measuring 14 hectares in size.

Related article Porsche will get €2 million for its project in Slovakia Read more 

Porsche already has a tool shop in Dubnica nad Váhom (Trenčín Region), employing nearly 200 people. Moreover, it has been building a new technology centre for bodyworks near Horná Streda, where about 500 engineers are expected to find jobs. The centre will cost about €14 million to construct; the Slovak government will contribute €2 million.

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

Top stories

News digest: Bratislava's main railway station gets a facelift

Who are the wealthiest Slovaks? The driver in last weekend's Bratislava road crash tragedy will be prosecuted at large. And Sládek's photos: an invitation to discover the capital's Old Town.


10 h
Bibiana, the International House of Art for Children, in Bratislava.

Foreigners: Top 10 events in Bratislava

Tips for the top 10 events in the capital between October 6 and October 16, plus regular services in different languages, training, temporary exhibitions and highlights of the year.


6. oct
People attend a Mahsa Amini protest outside the Presidential Palace in Bratislava on September 25, 2022.

Iranians in Slovakia join global protests over Mahsa Amini killing

Hopes of change at home after mass demonstrations.


6. oct
Bins can be found on busy streets.

Campaign against littering helps homeless people

Company gives second chance to litter.


6. oct
SkryťClose ad