Martin is home to a Volkswagen Group owned automotive industry production
plant, under the Volkswagen Slovakia, a.s. subsidiary. Opened in 2000, it
employs approximately 800 people. The city has been hit, rather, hard by the
current recession as Volkswages was forced to lay off over 200 workers. The
Danish shoe company Ecco is situated near to the Kosuty II borough. Next to the
city center (downtown) are two big employers, namely Neografia Martin (printing
company) and the University hospital. Other well known companies are SKANSKA,
Viena International