Continental expands in Slovakia

The Zvolen plant of German Continental Automotive Systems plans to invest €14m to expand production capacity from 12m to 15m brake components annually. The investment will increase the workforce by 200 to 1,500. Construction of a new assembly hall, office building and warehouse is planned to start this October and last nine months.

The plant is one of a few in Slovakia to have its own research and product development center, with 200 engineers. Back in 2016, the plant posted a €15.3m net profit on €255m sales.

(etrend.sk)

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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