The China Post (Bratislava) - Slovakia's industry continued to recover on a massive upswing in car output in January, posting 17.1-percent annual growth after rising by 19.7 percent in December, official data showed Tuesday.
Car production at car plants run by South Korean Kia, France's Peugeot Citroën and Germany's Volkswagen — one of the engines of the Slovak economy — shot up by 50.9 percent against a year ago, the Slovak Statistics Office said.
But electronics production at factories run by South Korea's Samsung and Taiwan's Foxconn, another driving force of the local economy, stagnated with a 0.8 percent growth in January after having grown by 26.8 percent in December.
