French Faurecia to invest EUR 8mn in new plant in Slovakia.

By bne IntelliNews April 19, 2011
French car parts maker Faurecia will invest EUR 8mn in a new plant in Slovakia, hnonline.sk reported. The plant will be built in Kosice, eastern Slovakia, and will produce interior components for car makers Audi, Daimler, Ford, Jaguar, Land Rover, PSA Peugeot Citroen, Volkswagen and Volvo. The new plant will employ 700 people in Kosice, where the company already has 330 employees. Faurecia operates six plants in Slovakia employing a total of 1,100 people. French Faurecia is the fifth largest car components supplier in the world and Europes third largest. It is present in 32 countries worldwide, employing more than 62,000 people in 200 factories.

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