Auto sector driving Slovak recovery

Newswire

By Matt Reynolds TRNAVA, Slovakia, Dec 23 (Reuters) - The closure of Slovak utility vehicle maker TAZ after the fall of Communism in 1989 put the brakes on the local economy of the town of Trnava. But 16 years later, the auto industry is once again the driving force for the town's 70,000 residents. France's PSA Peugeot Citroen will start production at a state-of-the-art assembly plant next year, eventually creating more than 5,000 jobs. Subcontractors are expected to supply another ...

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