Volkswagen Slovakia to hire 1,500 new workers by end-2011.

By bne IntelliNews August 8, 2011
Volkswagen Slovakia (VW Slovakia) will hire around 1,500 new employees by the end of 2011 to work on the serial production of a new car model, the company said on its web site. The company is looking for specialists in the body shop, paint shop and on the assembly line. In February, VW Slovakia said it will invest EUR 1bn in the next five years to boost car and parts production in the country. The company plans to launch the production of a small family car model later this year. VW Slovakia runs plants in Bratislava, Martin and Kosice. It produces Volkswagen Tuareg SUVs, Audi Q7 and Porsche Cayenne in Bratislava and car components in the country. The number of employees stood at 7,000 in 2010. The company is one of the biggest investors and exporters in Slovakia. It reported a net profit of EUR 75mn in 2010, up by 31.6% y/y.

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