Neways opens its largest production plant in Slovakia, boosting the high-tech industry and creating hundreds of new jobs
On Thursday, November 13th, 2025, Deputy Prime Minister and Minister of Economy of the Slovak Republic Denisa Saková attended the grand opening of Neways Slovakia's new production plant in Nová Dubnica. The internationally active company has long been a leader in terms of productivity in the electrical engineering industry and has been operating successfully in Slovakia for almost 30 years. The total value of the company's investment amounts to 28 million euro. Thanks to this investment, Neways is becoming the group's largest production plant in Slovakia, bringing hundreds of new jobs and high-tech manufacturing.
"Slovakia's technology and manufacturing sector is developing rapidly, and investments such as the expansion of Neways in Nová Dubnica confirm our country's strong position. Thanks to its skilled workforce, strategic location, and strong industrial sector, Slovakia offers an ideal environment for companies such as Neways to expand their activities. The development of high-tech manufacturing is also an important part of our economic strategy, as such projects contribute to the diversification of Slovak industry and strengthen our competitiveness within the European Union," said Minister of Economy Denisa Saková.
The new plant was established to respond to the needs of an ever-growing number of customers, and by consolidating all activities into a single operation, it creates space for increasing the company's operational efficiency. It currently employs approximately 700 people, and the company plans to increase this number to 1,100 over the next two years, with the ambition of reaching 1,500 employees. The new facility, with an area of more than 22 000 m², also offers the possibility of expansion to 30 000 m² and brings a 3.2-fold increase in production capacity compared to the existing plants.
The plant also has 2 250 m² of clean space, which allows for the production of highly specialized components for the medical and automotive industries and a production focus on technologically demanding products. The company's products are used in state-of-the-art equipment, from electronics for Thermo Fisher microscopes to cable systems for ASML lithography equipment.
This expansion confirms Neways' commitment to its growth strategy, expands its global production network, and responds to growing regional demand. At the same time, the company contributes to strengthening Slovakia's industrial base in the field of high-tech manufacturing.
Press Department of the Ministry of Economy of the Slovak Republic