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Will the Košice Factory Be a Joker for the Swedes? Trump Dragged the Brand Into a Trade War and a Billion-Dollar Loss

Summary by hnonline.sk
One of the main reasons why Volvo decided to make one of its leading investments in Slovakia was the need to inflate its production capacities. The automaker, which has only two production facilities in Europe, in Gothenburg, Sweden, and Ghent, Belgium, adopted Valalika, Košice, as its third location, and thus a plan to gradually double production could begin. Demand for the brand supported by Chinese owners was high and there was nothing on the…
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One of the main reasons why Volvo decided to make one of its leading investments in Slovakia was the need to inflate its production capacities. The automaker, which has only two production facilities in Europe, in Gothenburg, Sweden, and Ghent, Belgium, adopted Valalika, Košice, as its third location, and thus a plan to gradually double production could begin. Demand for the brand supported by Chinese owners was high and there was nothing on the…

·Bratislava Region, Slovakia
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hnonline.sk broke the news in Bratislava Region, Slovakia on Thursday, July 24, 2025.
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