Volvo's new factory in Slovakia proceeding on schedule, minister says
Translated from Slovak, summarized and contextualized by DistantNews.
At a glance
- 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 Sakovรก 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 Sakovรก. She stated that both Slovakia and the company have adhered to all agreed-upon timelines.
Sakovรก 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.
Describing the investment as "the largest in eastern Slovakia and in the era of independent Slovakia," Sakovรก 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
Originally published by SME in Slovak. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.