Kia and Hyundai to sell each other parts

AS PART of an agreement between the two companies, the new Kia plant near Žilina will start producing Hyundai engines and the Hyundai plant near Nošovice, Czech Republic will produce Kia's gearboxes, the ČTK newswire wrote.

AS PART of an agreement between the two companies, the new Kia plant near Žilina will start producing Hyundai engines and the Hyundai plant near Nošovice, Czech Republic will produce Kia's gearboxes, the ČTK newswire wrote.

Of the 600,000 gearboxes made at the Nošovice plant, one half will go to Slovakia, while the same number of engines will be delivered to Hyundai, said Petr Vaněk of Hyundai Motors Manufacturing Czech Republic.

The plants are located only 90 kilometres apart. A similar strategy was chosen in the US, where a Kia and Hyundai plant are only 60 miles from each other.

But while Kia in Žilina started production as early as the end of 2006, the Hyundai plant is still being constructed. According to Vaněk, Hyundai should start a testing operation in September 2008, and the start of full production is planned for March 2009.

Kia's investments in Slovakia amount to €1 billion, which is slightly less than Hyundai's €1.1 billion investment in the Nošovice plant, which will employ more than 3,000 people.

Top stories

A supporter of Russia during one of the so-called "True march for peace" events.

News digest: Some bad news stories from Slovakia

Hints of Russia winning information war in Slovakia, interview with new Foreign Affairs Minister, and an event for book lovers.


15 h
Jupiter (centre) and its Galilean moons: from left Ganymede, Io, Europa and Callisto. Juice with deployed antennas and arrays is in the bottom right.

From Košice to Ganymede: Slovak engineers are leaving their mark in space

Slovaks are active participants in two ongoing space missions.


20. may
Miroslav Wlachovský.

MFA Wlachovský: Slovaks would be surprised by what Russians say about us

The new head of Slovak diplomacy, Wlachovský, explains what he wants to accomplish.


20 h
Marian Kočner arrives in court in Pezinok, western Slovakia, on May 19, 2023.

Slovak court's verdict in Kuciak case leaves 'bitter taste'

Zsuzsová was found guilty of masterminding the murder of the journalist, but the judges could not find any direct evidence linking Marian Kočner, a subject of Kuciak's stories, to the murder.


23 h
SkryťClose ad