A Spanish automotive supplier is closing its factory in western Slovakia after years of declining activity and mounting losses, in the latest blow to the country’s industrial sector. Antolin, a global manufacturer of car interior components, said it would gradually wind down operations at its plant in the city of Trnava, where it has supplied…
Robots now outnumber human workers at Porsche Smart Battery Shop in Horna Streda, western Slovakia, where automated shuttles and robotic arms assemble battery modules destined for electric versions of Porsche’s Cayenne SUV. The highly automated plant, opened in 2024 and backed by a reported EUR 1-billion investment, illustrates why Slovakia remains one of Europe’s most…
President Volodymyr Zelensky said that Ukraine was ready for joint drone production with France. According to him, this partnership will strengthen both countries and contribute to enhancing European security overall. He stated this on Telegram following the Ukrainian-French drone co-production forum held in Paris, which was attended by the leaders of both states. “I provided…
The Appeals Chamber of the High Anti-Corruption Court (HACC) has confiscated UAH 3.4 million in bail and declared the former deputy general director of the company “Ukrinmash” internationally wanted in a case involving the embezzlement of funds from a subsidiary of Ukroboronprom (Ukrainian Defense Industry). This was reported by the press service of the Specialized…
South Korean company DH Autolead Slovakia, a part of the Donghee concern, officially opened a new plant on September 17 in the industrial park in Krasno nad Kysucou, northern Slovakia. The plant was built within a year of the company announcing its EUR 4.7 million investment and comes with ambitious plans: to become part of…
Jaguar Land Rover has suspended production at its Slovak plant in Nitra after a cyberattack forced the company to shut down key IT systems. The carmaker said it had “taken immediate steps to mitigate the impact by proactively shutting down our systems” and was now “working on the controlled and safe restart of global applications”.…
TAD has completed construction of a new complex for production of special trailers for transportation of oversized cargo in the city of Volochysk, Khmelnytsky region. This was reported by Dmitry Kisilevsky, Deputy Chairman of the Verkhovna Rada Committee on Economic Development. Investment volume is $8 million. This project will allow TAD to launch production of…