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| Suppliers to car industry thrive |
| Bratislava, 20.03.2017 |
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| It is hard to say how the current geopolitical situation will impact automotive industry contractors, but for now their situation is good.
Certain car brands driving on the roads in America, China or India may contain components manufactured in Slovakia. This is possible due to extensive supply chains, parts of which are in Slovakia, which has become home to many international automotive contractors in recent years. Yet firms of Slovak origin are not lagging behind, though currently, their number is not so high.
The suppliers situated in Slovakia export about 60 percent of their total production abroad.
“If they did not produce quality products, foreign customers would not buy them,” Jaroslav Holeček, vice-president of the Slovak Automotive Industry Association (ZAP), told The Slovak Spectator.
Not only subsidiaries of multinational companies, but also local suppliers have a strong position on foreign markets, adds Martin Jesný, analyst of the Slovak Automotive and Technology Forecast Institute.
“Their number, however, is relatively low,” he told The Slovak Spectator, adding that the private industrial sector started developing in the country only after the change of the political regime in 1989. “But these Slovak firms have good results and a really good reputation in the field.”
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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