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BRIEF-VW's Slovakia not planning major investments after finishing heavy CAPEX programme
April 12, 2017 / 9:24 AM / 7 months ago

BRIEF-VW's Slovakia not planning major investments after finishing heavy CAPEX programme

April 12 (Reuters) - Volkswagen Ag

* Volkswagen’s Slovakia plant chief executive Ralf Sacht says the factory is not planning any major investments at the moment, it wants to earn back previous investments

* VW Slovakia invested 1.9 billion euros between 2012-2016, including 550 million in 2016; says amount accounts for half of its overall investment in country in past 25 years

* Sacht also said this year’s production could be a bit lower than 388,687 cars made in 2016, as the plant prepares to launch new modelsFurther company coverage: (Prague Newsroom)

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