Holiday houses, villas, apartment, hotels and more

We need your travel dates to give you the best available offers

Slovakia will receive 1 billion euros from Volkswagen

Slovakia will receive 1 billion euros from Volkswagen
Slovakia will receive 1 billion euros from Volkswagen

The German automobile concern Volkswagen will invest in the development of its car production in Slovakia EUR 1 billion. This amount of investment is planned for the next five years.

Volkswagen is one of the biggest investors in Slovakia. Over the past 20 years the concern invested in the Slovak economy about 1.7 billion euros.

Volkswagen main plant for the car production is located not far from Bratislava. The company also operates several factories for the production of spare parts.

Volkswagen is not the only large investor, who is actively working on car market in Slovakia. To date, in the Slovak Republic are presented two more major global brands: Renault and Kia. The total volume of cars produced by the "three giants" is 800,000 -1,000,000 items per year. Among those who are interested in creating their own production facilities in Slovakia are Chinese car companies.

To date, at Volkswagen plant in Bratislava are produced such models as Touareg and the AUDI Q7. There are also produced spare parts for Porsche Cayenne. Since summer 2011 the factory plans to launch the production of a new family car - Skoda.

Information on new investment was another sign of recovering of the Volkswagen from the crisis. In early 2011 the plant in Bratislava has returned to the pre-crisis work mode. In total, in 2010 VW managed to sell 7.14 million vehicles worldwide, which is 13,5% more than in 2009.

Date: 13/02/2011

Comments (0)

No comments

News

Hotels in Slovakia: hotel in Bratislava is the best in the world
One of the largest online hotel reservation sites - Expedia - called Marrol's Boutique Hotel in Bratislava the world's best hotel. On June 27, 2012 the company published its own hotel rating "Insiders' Select", compiled on the base of 500,000 estimation reviews of the resource users. This Slovak hotel received the largest number of points. It is followed by Al Codega hotel in Venice and Hotel Royal Corin at the Fortuna resort on Costa Rica.
Holidays in Slovakia: events in June 2012
This summer Slovakia can boast of its rich festival schedule. Dozens of events from folk music festivals in skanzens to speleologist competitions are held from June to September throughout the country. Here we tell about some events that may be interesting for the tourists.
Summer in Bratislava: new tram and new beach
Bratislava will receive new trams. Fleet of the most popular public transport of the capital will be increased. Trams from the Canadian company Bombardier will carry passengers along the metropolis.