EMCC European Monitoring Centre on Change

Volkswagen Slovakia

Company/Organisation:
Volkswagen Slovakia

Geographic Location

Country: Slovakia
Region: Bratislavsky kraj; Bratislavsky kraj
Location of affected unit(s): Bratislava

Company

Sector: Manufacturing
Manufacture of transport equipment
29.10 - Manufacture of motor vehicles
Number Employed: 12700
Group: Volkswagen

Employment Effects

Announcement Date: 23-08-2017
Type of Restructuring: Business expansion
Employment Effect Start: 01-09-2017
Foreseen End Date: 31-12-2017
Planned Job Creation: 1000

Additional Information

The subsidiary of German car maker Volkswagen, Volkswagen Slovakia (VW SK), has announced plans to hire 1,000 workers for its plant in Bratislava by the end of 2017. It has been reported that 800 of the new positions will be in production-related activities, while 200 will be for high-skilled activities. To hire such a large number of workers in a four month period will not be easily done, mainly because of the low unemployment rate in Slovakia. For this reason, the company may also have to look for staff outside of Slovakia. The business expansion is attributed to production starting for a new range of vehicles, particularly the new luxury model of Porsche Cayenne SUV. In relation to this, VW SK has already hired 400 workers in the first half of 2017. The company plans to offer the new staff training as well as competitive wages between €1,050 and €1,250 per month.