posted on 27th Feb 2020 14:34
Škoda Transportation Group has decided to expand the production capacity of its Škoda Vagonka works in Ostrava-Vítkovice, for which a ceremonial opening of the construction took place today.
The reason for the investment is that only in 2019 the group received contracts worth 45 billion CZK (around 1.8 billion EUR). The factory area will be doubled (from 30,000 m2 to 60,000 m2), a new paint shop will be built together with a modern machining centre and assemly lines, anbd suchlike. The number of employees is expected to increase from 450 to 900. In total, approximately 1 billion CZK (around 40 million EUR) is to be invested in the Ostrava factory over the next two years.