Slovakia - Industry



Major industries include heavy engineering, armaments, iron and steel production, nonferrous metals, and chemicals. In 2000, industry accounted for 34% of Slovakia's GDP, and the industrial growth rate was estimated at 4% in 2001. Foreign firms such as Volkswagen, US Steel, and Whirlpool are major investors in Slovak industry. Although privatization was ongoing in 2002 (including the Slovak Gas Company and oil-pipeline operator Transpetrol), and the country was attracting more foreign investment, many firms untouched by foreign investment were in trouble. Nonetheless, many Slovakian enterprises were restructuring and modernizing their equipment and methods. Slovakia produced 182,003 automobiles in 2001, and 264 heavy trucks in 2000. The country had one oil refinery in 2002, with a capacity of 115,000 barrels per day.

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1
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Apr 21, 2011 @ 10:10 am
thanks alot info realy helped me get a good grade had to do a project on slovakia and i got an a+
2
Chris
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Feb 22, 2012 @ 12:12 pm
Thanks, this helped me make a power point and i got a good grade
3
emma
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Oct 29, 2012 @ 10:10 am
thanks, this acticle was very helful for my power point and i got an amazing grade an a*, if your making a power point on slovakia then i very stronglg think that you shold use this acticle
4
Basil shattuck
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Jan 10, 2020 @ 10:10 am
it got me an a+ and extra credit in social studies thx

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