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Volvo's new factory in Slovakia proceeding on schedule, minister says

From SME · () Slovak

Translated from Slovak and summarized by DistantNews. Read the original for the full story.

At a glance

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  • Slovakia's economy minister announced that Volvo's new car factory near Kosice is proceeding as planned, with both the country and the company meeting all deadlines.
  • The factory currently employs 600 of the projected 3,300 workers and promises an average salary exceeding 1400 euros, which is above the regional average.
  • Minister Denisa Saková highlighted Volvo's investment as the largest in eastern Slovakia and in the history of independent Slovakia, with government officials set to visit the plant.

The construction of Volvo's new car factory near Kosice is on schedule, according to Economy Minister Denisa Saková. She stated that both Slovakia and the company have adhered to all agreed-upon timelines.

Saková noted that the plant has already hired 600 employees out of the planned 3,300. The company is offering an average salary of over 1,400 euros, surpassing the regional average. "Volvo has also struggled with whether it will have enough employees. So far, it is gradually succeeding in fulfilling this, and I hope it will reach its target of 3,300 employees with very high-quality people, and especially people who will be Slovak citizens for the most part," the minister said.

Even Volvo has struggled with whether it will have enough employees. So far, it is gradually succeeding in fulfilling this, and I hope it will reach its target of 3,300 employees with very high-quality people, and especially people who will be Slovak citizens for the most part.

· Denisa SakováSlovak Economy Minister Denisa Saková commenting on the progress of the Volvo factory and its hiring.

Describing the investment as "the largest in eastern Slovakia and in the era of independent Slovakia," Saková announced that government representatives would personally inspect the facility. The project represents a significant development for the region, promising substantial employment and economic impact.

the largest investment in eastern Slovakia and in the era of independent Slovakia

· Denisa SakováSlovak Economy Minister Denisa Saková describing the significance of the Volvo factory project.
About this summary

Originally published by SME in Slovak. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.