Volkswagen to invest €1bn to create 2,000 new jobs in Slovakia

Volkswagen to invest €1bn to create 2,000 new jobs in Slovakia
By bne IntelliNews November 19, 2020

The Volkswagen plant in Bratislava plans to create 2,000 new jobs via a planned investment of €1bn, said VW Slovakia's personnel director Sebastian Krapoth at a press conference on November 16.

Czech carmaker Skoda Auto has officially confirmed that the production of the next generation of its Superb model will be relocating together with the production of the Volkswagen Passat from Czechia to Slovakia’s capital Bratislava in 2023. This project will cost approximately €500mn. 

“Moving production of the Superb from the Czech plant in Kvasiny to Bratislava will give Skoda the necessary capacity in the Czech Republic to carry out the brand’s growth plan,” the company said.

"By taking on new products, we don't only want to maintain the current level of employment; we also want to expand and create new jobs," said Krapoth, quoted by the Slovak News Agency.

Related Articles

State of emergency in Slovakia to be extended to year-end

The Slovak government has decided to extend the state of emergency by 45 days from November 14 until the end of the year, due to the development of the coronavirus (COVID-19) situation in the ... more

Slovakia starts pilot phase of world's first mass testing programme

Slovakia has become the first country in the world to start the pilot stage of mass testing for coronavirus (COVID-19) in two of the most severely affected districts.  A total of 140,945 ... more

Slovak biotech company Axon Neuroscience announced positive pre-clinical results of coronavirus vaccine

Slovak clinical-stage biotech company Axon Neuroscience has reported positive pre-clinical results of its vaccine against the coronavirus (COVID-19), tested on mice with no adverse side effects, the ... more

Dismiss