Volkswagen, the renowned car manufacturer has recently announced it will invest in a new logistics center, in Slovakia.
VW has set aside 150 million Euro (680,5 million RON) for its latest scheduled logistics center. The new project will have the center built in Slovakia, in the capital city of Bratislava, near the company’s assembly plant. If construction goes according to plan, the new logistics center will open in 2017 and it will be run by an external partner.
Volkswagen contributed to the country’s economy by having almost all of the vehicles it produces in Slovakia planned for export. The company makes VW Touareg, Audi Q7, Volkswagen up!, Volkswagen e-up!, Seat Mii, Skoda Citigo and Porsche Cayenne bodies. The company will also launch another assembly line for Porsche Cayenne vehicles, next year.
The country, being the largest car-producer, per capita, also has factories for Kia, Peugeot and Jaguar Land Rover brand vehicles. Even more, a production plant for Jaguar Land Rover will be completed by 2018.
The Volkswagen company is responsible for around 10.17 million units produced in 2015, with revenues of around 213 billion Euro (966.3 billion RON) in the same year. The Group produces 12 vehicle brands, such as Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. The Group also operates 121 production plants in a number of 20 European countries.
One of the most important projects in the company’s history is the ‘TOGETHER – Strategy 2025’, a program for advanced sustainable mobility. What this mean is the VW Group will be launching more than 30 electric car models by the year 2025. Furthermore, the company wants to improve battery technologies and work on autonomous driving.