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stocksJul 17, 2026, 5:53 AM

Volvo Cars CEO: No Further Delay to Košice Factory, Confident in Plant Utilization

Volvo Cars' CEO stated there is no expected further delay to the Košice factory in Slovakia and expressed confidence in plant utilization, adding that Ghent operations will not affect Slovakia plans.

VOLCAR

Volvo Cars' CEO has confirmed that no additional delays are expected for the company's factory in Košice, Slovakia. The statement comes amid ongoing development of the manufacturing site.

The CEO also clarified that operations at the Ghent plant will not impact the Slovakia project. Confidence was expressed in the utilization of the new facility, signaling positive progress for Volvo's expansion in the region.

Source: First Squawk