Jaguar Land Rover to open factory in Slovakia – comment
Ian Fletcher, Principal Analyst with IHS Automotive, offers the following comment on the news that Jaguar Land Rover (JLR) is to open a factory in Slovakia.
Ian Fletcher, Principal Analyst with IHS Automotive, offers the following comment on the news that Jaguar Land Rover (JLR) is to open a factory in Slovakia.
The Point S network is extending its European coverage to Slovakia following the establishment of Point S Slovakia s.r.o. The operation is a full subsidiary of Point S Hungary and employs dedicated local staff who will take care of the Point S network’s development and the management in Slovakia.
Continental is gearing up to increase its research and development workforce by 15 per cent at its Púchov site in Slovakia after the official opening of its expanded facility there. The company held an opening ceremony at its new Tires Technology Center today in the presence of Slovak Republic Prime Minster Róbert Fico, Continental Tire Division head Nikolai Setzer and representatives from local management and the workforce. The additional research and development capacity at Púchov was realised through a €7.5 million investment.
The Mesnac European Research and Technical Center (MERTC) recently announced plans to expand it European activities based in Slovakia, which a focus on further developing tyre building technology. The construction of a new production facility and additional research facilities will take place in the Trencin region and the project is expected to be completed by the end of 2015.
With its sights set on gaining a bigger part of the European tyre market, on 27 May Apollo Tyres introduced two new tyres in Essen. The two new tyres, Apollo Alnac 4G All Season and Apollo Alnac 4G Winter tyres, joined to the existing range of Apollo Alnac 4G tyres being sold in Europe. Both tyres were developed in Apollo Tyres’ Global R&D Centre in the Netherlands and have been optimised to suit the requirements of European drivers and the European road network. While this was going on in the foreground, in the background the company has been involved in complex discussions relating to its much publicised plans to build an Eastern European factory. To this end Tyres & Accessories spoke with chief marketing officer Marco Paracciani. But first the new products…
Following news reports that Apollo has chosen Hungary as the location of its new tyre plant, the company has released a statement reiterated its plans and stating that it is “yet to finalise the exact location” for its factory.
Slovakian news sources are reporting that Apollo has chosen Hungary over Slovakia for the site of its new 500 million euro tyre factory. According to the reports, is was “the business environment in Slovakia” pushed the manufacturer towards the other site when choosing from a shortlist of two.
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