Eastern Europe: Czech Republic wants to cooperate with possible VW plant in Turkey

VW

“The Czech Republic is an important manufacturer of car parts … We are in a leading position and would certainly like to cooperate,” said Czech Prime Minister Andrej Babis.

(Photo: AP)

Istanbul Volkswagen According to Czech Prime Minister Andrej Babis, plans a large investment in the Turkey, The head of government said this on Tuesday during a press conference following a meeting with the Turkish president Recep Tayyip Erdogan, “The Czech Republic is an important manufacturer of car parts … We are in a leading position and would certainly like to cooperate,” said Babis.

Reuters learned from insiders over the past week that Turkey has a good chance of winning the bid for the new Eastern Europe Volkswagen to get. The Wolfsburg carmaker is largely ready to invest a billion euros in the country, said two insiders. At present, the authorities are still negotiating the applicable rate of excise duty for passenger cars in Turkey. The Wolfsburg-based carmaker has been looking for a location for a multi-brand plant for Eastern Europe for several months now. As an alternative to Turkey had long been Bulgaria.

The decision for Turkey is politically contentious. The EU accuses Erdogan of curtailing freedom of expression and freedom of demonstration. VW sees the democratic deficits, but holds it against the fact that the country for years as a candidate for a possible EU accession.

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