In the middle of the last century Slovakia was still primarily an agrarian country. In the last 20 years, however, the country has become a “Mecca” of automobile production. After Volkswagen, KIA Motors and PSA Peugeot Citroën, now Jaguar Land Rover is arriving in Slovakia; thus, the country even further reinforces its dominant position in this sector even further, when it already ranks among the world leaders in terms of the number of automobiles manufactured per capita.
The boom in the automobile industry did not pass by Eastern Slovakia, and at present we find here a whole range of well known manufacturers supplying theirproducts for automobile brands from around the entire world. The production of gearboxes and driving mechanisms, the electro technology industry, the production of plastic accessories and the processing of textiles and leather for automobile interiors all have representation in the segment. The pedigree of these factories is indeed cosmopolitan, with investors from Germany, Italy, France, Spain, Australia, Japan and the USA all represented. Manufacturing halls are often concentrated in newly built industrial parks, and currently more than 11,000 people in the region work in this sector.
Selection of Largest Companies Within the Sector
|Company||Location||Key product||Revenue in thousands||Investor|
|Magneti Marelli Slovakia, s.r.o.||Kechnec||Information and telematics devices, throttle position sensors, GDI pumps, rotary electric actuators||398092||Italy|
|Getrag Ford Transmissions Slovakia, s.r.o.||Kechnec||Automobile gearboxes and timing gears for Daimler||363055||Germany|
|Lear Corporation Seating Slovakia s.r.o.||Prešov||Car interior with focus on car seats||270049||Luxembourg, United Kingdom|
|U-Shin Slovakia s.r.o||Košice||Locking mechanisms, ignition locks and mechatronic knobs||204308||Germany, Netherland|
|Yazaki Wiring Technologies Slovakia s.r.o||Michalovce||Wiring harnesses for the automotive industry||76684||Germany|
|Magneti Marelli Powertrain SLOVAKIA s.r.o.||Kechnec||Manufacture of electrical and electronic equipment for motor vehicles||75889||Italy|
|KE Prešov Elektrik, s.r.o||Prešov||Manufacture of electrical and electronic equipment for motor vehicles||74088||Germany|
|FTE automotive Slovakia s.r.o.||Prešov||Manufacture of hydraulic drum brakes for passenger cars||52989||Germany, Slovakia|
|CEMM THOME SK, spol. s r.o.||Prešov||Manufacture of cable harnesses for the automotive industry.||46190||Germany|
|Jobelsa Slovensko, s.r.o.||Košice||Leather and textile car covers and upholstery||43424||Spain|
Magneti Marelli Slovakia from Kechnec
Two major manufacturers in the automotive segment have located their headquarters in perhaps the largest and most well-known industrial park in Slovakia, at Kechnec, just 20 km from Košice.
Getrag Ford Transmissions produces automobile gearboxes here and Magneti Marelli dashboards and instruments for automobiles. We find manyprestigious automobile brand names among their customers, and BMW and Renault both figure on the list of these concerns.