A former shoe factory in northern Slovakia where more than 600 people lost their jobs last year is producing again, this time for the car industry. South Korean automotive supplier Hyundai Wia started production at the former Ecco plant in Martin on September 30. The company is moving its Slovak operation there from Dolny Hricov,…
Volvo has begun assembling complete cars at its new factory near Kosice, eastern Slovakia, although they are not yet destined for customers. The vehicles are part of test production ahead of series manufacturing starting in 2027. Testing had already begun in some sections of the plant and expanded to final assembly on September 21, meaning…
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…