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Slovakia: Changes in Automobile Production Trend
Manufacturers operating in Slovakia invest again. Total production in 2010 may reach over half a million vehicles. An opportunity for foreign suppliers.
Slovakia: Changes in Automobile Production Trend / Picture: © Vindobona.org
The crisis in the car manufacturing industry hit Slovakia particularly hard. In 2008, cars accounted for more than a third of all exports from the country, while one year later, they only reached 26%. The workforce of the industry also fell by 6,000 employed to 68,000.
"Currently, everybody is very dynamic and optimistic again, but they are treading on thin ice", said the…
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