Industry in slovakia

  • Slovakia Industrial Production Growth Slows In October

    SLOVAKIA, 2015/12/11 Slovakia's industrial production increase eased in October next strong development in the previous month, data from the Statistical Office of the Slovak Republic showed Thursday. Industrial production grew a working-day adjusted 4.1 % annually following a 7.2 % rise in September. In August, production increased just 0.5 %. Manufacturing output rose 4.3 %, while mining and quarrying production declined 3.8 %. Utility sector output grew 4.3 %.
  • Slovakia to supply mostly foreign car manufacturers in the region.

    INDIA, 2013/10/12 The world's major steel maker ArcelorMittal said on Friday it had expanded its welding plant in Slovakia to supply mostly foreign car manufacturers in the region. The announcement highlights the importance of the auto sector to several economies in the region, inclunding to several leading auto groups in Europe and Asia. "Eastern Europe is still a increase area for us," Robrecht Himpe, CEO of ArcelorMittal's Flat Carbon Europe unit told AFP. "ArcelorMittal has invested 10 million euros ($13.6 million) in a third production facility at our site in Senica, western Slovakia, to better serve our automotive clients who have moved production to eastern Europe," the company said in a press release.