Volkswagen to invest EUR 1.1bn to boost welding capacity in Slovakia.

By bne IntelliNews December 13, 2011
German car maker Volkswagen plans to invest EUR 1.1bn to expand the capacity of its welding manufacturing facility in its plant in the Slovak capital of Bratislava, etrend.sk reported. The automaker plans to destroy its current welding shop and build a new one with significantly higher production capacity of 1,100 units a day. The new welding manufacturing facility will provide 1,200 jobs. Its construction is scheduled to begin in the first quarter of 2012 and to be completed in the first quarter of 2013. Technology installations should take one more year and the new welding manufacturing facility should start production in the first quarter of 2014 and reach full capacity by 2016 with 850 industrial robots. By that time, the Bratislava plant will probably have started production of new models of the Volkswagen, Skoda and Seat brands. According to Volkswagen Slovakia's spokesman Vladimir Machalik, the new welding manufacturing facility is part of the companys EUR 1.5bn five-year investment plan. Volkswagen Slovakia, which is one of the countrys biggest investors and exporters, has produced over 2.5 million vehicles for the past 20 years. It plans to produce 400,000 cars next year.

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

Dismiss