BMW plans to build a plant in Slovakia
- BMW plans to build a new plant in Slovakia and explores possible construction conditions in the country. Slovak Ministry of Finance, Peter Kazimir, and Slovak Ministry of Economy, Tomas Malatinsky should discuss the project during an official visit to Germany scheduled in late March.
- "Slovakia is one of the countries that BMW targets for a new investment," confirmed StanislavJurikovic, spokesman of the Slovak Ministry of Economy. In addition, the BMW Group also considers applications from the Czech Republic, Hungary, Slovenia and Croatia.
- The German carmaker has operated in Europe at 100% capacity for the last two years and its U.S. plant operates in similar conditions. The only available option for BMW to meet its ambitious sales targets 2014-2018 is to build a new plant in Europe. Slovakia is known for the skill of its workforce and competitive labor costs. The Volkswagen group, PSA, Hyundai-Kia are already present in this country of 5.5 million inhabitants.
Data source: File #55 - Registrations in the World by makes