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Car Industry's Share of Total Production Set New Record in 2009
Thursday 08 April 2010 Zoom in | Print page
Bratislava, April 8 (TASR) - The car industry's share of total industrial production in Slovakia reached a record-breaking level of 37 percent in 2009, Car Industry Association (ZAP) president Jozef Uhrik said at a press conference on Thursday.
"Total industrial production last year exceeded €45 billion, with the car industry representing €17 billion," said Uhrik.
"It wasn't the car industry that destroyed employment in the country (in 2009)," stressed Uhrik. The sector employed a total of 68,000 people, which represented a year-on-year drop of 8.2 percent, while the total reduction for industry was twice this figure, he emphasised.
Meanwhile, revenues in Slovak industry in 2009 fell by more than 21 percent to less than €60 billion in 2009. Revenues in the car industry fell by €3.72 billion to a total of €10.25 billion. Revenues increased by €233 million y-o-y in January 2010, however, noted Uhrik.
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