Slovenia observes challenges in European automotive industry
- Slovenia is monitoring the difficulties in the European automotive industry, as stated by State Secretary Matevž Frangež.
- The country has launched strategic initiatives, including the GREMO mission and a partnership with Renault, to transition to electric mobility.
- Frangež emphasized the need for support for industries facing order declines, highlighting the importance of maintaining Slovenia's competitiveness.
Slovenia is actively monitoring the challenges facing the European automotive industry, as highlighted by State Secretary Matevž Frangež during a recent EU ministers' meeting. The country is particularly focused on the structural changes brought about by new technologies and increased competition. To bolster its automotive sector, Slovenia has initiated two strategic initiatives aimed at transitioning to electric mobility. The GREMO mission emphasizes a commitment to green and digital transformation by 2030, while a partnership with Renault aims to produce a new generation of electric Twingo at the Revoz factory in Novo mesto. Frangež acknowledged the potential decline in orders for certain industries and stressed the importance of supporting these sectors through enhanced communication with stakeholders. The ongoing issues within the European automotive sector, particularly affecting major players like Volkswagen, have significant implications for Slovenia's economy, necessitating proactive measures to maintain competitiveness.