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Peugeot has issued the following press release:
The new PSA Peugeot Citro’n plant in Trnava, Slovakia was inaugurated on Thursday, October 19, 2006 by Thierry Peugeot, Chairman of the Peugeot SA Supervisory Board, and Jean-Martin Folz, Chief Executive Officer, in a ceremony attended by Slovakia’s Prime Minister Robert Fico and Trnava’s Mayor ’tefan Bo’n’k.
The plant has been manufacturing Peugeot’s latest model, the 207, since last June. The model, which offers an especially effective response to the major challenges currently facing the automobile industry, is therefore going to symbolize the new vitality of Slovakian industry. With its elegant, thoroughbred styling, the Peugeot 207 sets the European benchmark in safety, environmental performance and driving pleasure. — cornerstone laying ceremony.
The production center is built on a 192-hectare lot and comprises four main facilities’stamping, body-in-white assembly, painting and final assembly’with capacity to produce 300,000 cars a year in three shifts. It currently employs 3,300 people. An adjacent supplier park is already home to a dozen equipment manufacturers.
Announced in early 2003, the project to build the site and launch production of the first model required a total investment of ’700 million. Construction and installation of the plant and production lines were completed in just two years, with pre-series production of the Peugeot 207 starting up in early 2006. — Peugeot's international expansion agreements.
The new Trnava plant incorporates all the benefits of PSA Peugeot Citro’n’s Convergence Plan, a continuous improvement process implemented across the Group’s manufacturing base. This ambitious strategy is primarily designed to instill the best manufacturing and technical practices developed in the Group and the industry as a whole. The strategy has already enabled the Trnava plant to deliver remarkable performance in team training, production methods, just-in-sequence logistics and overall production quality.
In this way, the plant has successfully paved the way for the deployment of the efficient, standardized PSA Peugeot Citro’n manufacturing system. — Opel's second model production preparations.
’The Trnava project has met all our objectives in terms of both plant construction and the hiring and training of our teams,’ said Jean-Martin Folz, CEO of PSA Peugeot Citro’n. ’By meeting the deadlines and delivering excellent production quality, the plant is off to a very good start.’ Jean-Martin Folz also said that he was very grateful to the Slovak authorities for actively supporting the project over the past three years and helping to make it a reality.
