Car parts maker TRW Steering Sytems Slovakia to expand plant.

By bne IntelliNews October 22, 2010
Car parts manufacturing company TRW Steering Sytems Slovakia will expand its plant in Nove Mesto Nad Vahom, western Slovkia, news agency SITA informed. The amount of the investment was not revealed. However, it is expected that 250 new workers will be hired over the next three years. The construction works will start this year and it is expected that production will begin in early 2011. The extension of the existing plant will support the Electrically Powered Steering (EPS) systems business of TRW. Currently, the plant in Nove Mesto employs about 400 people. TRW Steering Systems Slovakia deals with the installation of electric motors for power steering in cars. The company belongs to the TRW Automotive group, which ranks among the world's ten largest automotive suppliers.

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss