NEWS

VW's Skoda Auto investing in Czech Kvasiny plant, creating 1,300 jobs

Friday, Sep 04, 2015

Czech car maker Skoda Auto, a unit of Volkswagen Skoda Auto says to invest CZK 7.2 billion in its Kvasiny plant by 2018, raising capacity and creating 1,300 jobs.

Says production capacity to rise to 280,000 cars a year versus production of 166,200 cars in 2014.

Says to raise staff levels by around a third.

Says investment to expand and modernise plant.

 

reuters.com

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