VW closes Kosice minifactory

VW closes Kosice minifactory

Published at: 2019-04-24 09:42 | Author: CIJEurope.com
Volkswagen has ended operations of its smallest factory, a mini-production center near the Slovak town of Košice. Located in an industrial park in the town of Haniska, the facility employed 100 people and specialized in preparing vehicles for the Russian market. "We prepared 135,000 vehicles for export to Russia," Volkswagen Slovakia chairman Oliver Grunberg told the daily Pravda. "If these activities aren't necessary for the Russian market, we leased our buildings in Košice." VW's factories in Russia are concentrated around Vladivostok. The way automobile companies got around high import tariffs Russia slapped on their vehicles was to take them apart before shipping and reassemble them again once inside Russia.

Similar Stories:

ZF opens €100m factory in Serbia
German car parts manufacturer ZF Friedrichshafen opened a factory in Pancevo, near Belgrad  »
Škoda sales fell 6.6% in May
Czech Republic  ♦  Škoda sales fell 6.6% in May
Škoda Auto delivered a total of 104,900 vehicles to customers in May. Compared to the sam  »
New Bosnian bottling plant opens after €4m investment
The Republika Srpska, Minister of Economics Vjekoslav Petricevic attended the opening of a  »
Serbian Knjaz Milos acquired by PepsiCo and KMV
PepsiCo and Czech-based KMV have purchased the Serbian water producer Knjaz Milos from Mid  »
How does Bucharest’s investment market compare to Prague’s? There’s little compari   »
How much are you lending on infrastructure projects in Slovakia? How does it compare to ot   »
Should we believe people in the market when they say they’re working on five to six deal   »
Going into 2016, most observers assumed Czech retail assets would be a major investment ta   »