German investor moves R&D to Slovakia, promises extraordinary salaries

The German concern Hella built four industrial parks in Slovakia.

Employee in the Hella production hall. Employee in the Hella production hall. (Source: TASR)

The German company Hella, which is the world’s largest automobile lighting manufacturer, laid off about 300 workers from its factories concentrated in the industrial region of Považie in 2020. The pandemic threatened to exacerbate the situation, but company revenue has picked up once again.

SkryťTurn off ads
Article continues after video advertisement
SkryťTurn off ads
Article continues after video advertisement

One of the largest automotive suppliers, which employs about 4,000 people in Slovakia, opened a new development centre in Baánovce nad Bebravou in August 2021.

The centre is one of the concern's four R&D centres. Its aim will be the development and construction of backlights for all European manufacturers Hella has a contract with.

SkryťTurn off ads

Everything under one roof

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

The New Stations of the Cross combine old and new.

New Stations of the Cross to combine surviving remains and contemporary architecture.


Píšem or pišám?

"Do ľava," (to the left) I yelled, "Nie, do prava" (no, to the right), I gasped. "Dolšie," I screamed. "Nie, nie, horšie..." My Slovak girlfriend collapsed in laughter. Was it something I said?


Matthew J. Reynolds
Czech biochemist Jan Konvalinka.

Jan Konvalinka was expecting a pandemic before Covid-19 came along.


SkryťClose ad