Special measures for Volkswagen Slovakia

Prime Minister Peter Pellegrini (Smer-SD) met with Volkswagen Slovakia management on Thursday and promised that the Government would immediately draw up special measures for this company. As he said, Bratislava-based carmaker is the largest private employer in Slovakia, the largest tax payer and one of the most important investors in the country. The Prime Minister said that Slovakia would make this move for the second time, with the first time being special measures created for U.S. Steel Kosice steelmaker. Volkswagen Slovakia currently needs 1,850 new employees. In this regard, Pellegrini said that the measures will surely include the simplification of issuing work permits for foreign workers. Volkswagen Slovakia currently employs 13,700 people. Last year the company generated a profit of €240 million and a turnover of €7.55 billion. Last year's investment exceeded €369 million, with nearly 362,000 vehicles being produced at the plant.