Gloomy outlook for the automotive sector


As many as 70% of automotive firms in Slovakia reported higher sales last year; 47% of them were in double-digits. Their outlook for this year is gloomier than last year, though, according to a survey by PwC, a consultancy. Only 20% of companies expect double-digit growth this year, half of last year’s number. Some 48% plan major investments in the coming 3-5 years into automation and technologies, while 34% plan cost and productivity control with current technologies. Only 14% plan to change product portfolio. Last year, 60% of the companies used over 80% of their capacity. About 15% of the automotive firms consider relocating production out of Slovakia, up from 5% last year.



Please reload

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.

Tensions between Slovakia and Ukraine


Naftogaz, Ukraine’s gas utility, has called a tender to select a law firm to help it prepare an arbitration case against Slovakia. It is willing to pa...

Sanagro buys its 11th farm


Sanagro, owned by Sandberg Capital (Martin Fedor), acquired a majority stake in Agronova Liptov, which runs Bukovina dairy farm and makes cheese, yogu...

Sanagro kúpil 11. farmu


Poľnohospodárska skupina Sanagro patriaca fondu Sandberg Capital (Martin Fedor) kúpila väčšinový podiel vo farme Agronova Liptov, ktorá prevádzkuje ml...

Please reload

Copyright  © 1994 - 2019    Symsite Research         All rights reserved.