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Hyundai boss in Slovakia on Friday

Hyundai president Kim Dong-Jin should arrive in Slovakia on January 16 to talk about the possible placement of the carmaker's central European plant in the country, Slovak daily Pravda wrote.

On January 15 the Hyundai team is expected to visit Poland, Slovakia's competitor in the $1.5 billion investment that in 2006 would start producing 300,000 cars in its new plant.

Following reports of the public broadcaster Slovak Television, the Reuters agency also cited a source close to Hyundai who said that the Koreans were likely to pick Slovakia over Poland.

Slovak officials would not comment on the reports. Ján Bajánek, head of the Slovak Investment and Trade Development (SARIO) said that Hyundai officials would announce their decision within a few weeks.

Compiled by Martina Pisárová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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