Off the wire
• Apartment prices in Riga's new housing projects down 9 pct: report  • Germany's benchmark DAX index closed up at nearly 10,000 points  • Spanish stock market rises 0.11 pct  • EP calls for binding measures to close gender pay gap  • Chaos on Spanish high-speed train route after cables cut  • Gunman wounded, arrested by police after robbing bank in Macedonia  • EU ministers urge increased return rates to tackle irregular migration  • Kenyan leader inks bill on prisoner swap with foreign states  • 15 people killed in mortar barrage, gunfire in Iraq  • Israeli police kills Palestinian near Jerusalem  
You are here: 　 Home

Jaguar Land Rover selects COO for planned plant in Slovakia

Xinhua, October 9, 2015 Adjust font size:

Car maker Jaguar Land Rover has appointed Alexander Wortberg as Chief Operating Officer (COO) for the factory planned at a site near Nitra in Western Slovakia, announced the Slovak government's press department on Thursday.

The company's appointment comes two months after signing a letter of intent with the Slovak government. The new COO should supervise the work related to the feasibility study aimed at evaluating all aspects of constructing and operating a factory, with an expected annual output of 300,000 vehicles.

It's expected that the plant at Nitra will create 2,000 to 4,000 new jobs. The investment cost has been calculated to exceed 1 billion euro (1.12 billion U.S. dollars) and construction work on the 200 to 300 hectare site is set to commence in 2016, with production to be launched in 2018 or 2019. Endit