Porsche will build a new company in Slovakia

Porsche will build a new company in Slovakia

October 10, 2019 0 By autotimesnews

The German corporation Porsche is going to build a new company in Slovakia. The amount of investment in the project will be 13.6 million euros.

The construction of a new technology center is planned in the Slovak city of Piestany. The Slovak authorities are ready to allocate 2 million euros of investment subsidies to support this project.

Reportedly, the project will be funded through a subsidiary of Porsche Werkzeugbau in Dubnice nad Wag. The construction of a new enterprise should start next year, and after 4 years 34 employees will work on it.

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 Such a plant, first of all, will be designed for automation and robotization of the production of German-made cars.

 The company intends to engage in the development and testing of components for cars. Also, prototypes of production equipment for the automotive industry will be prepared here.