Hyundai Dymoss will expand production

REPRESENTATIVES of the South Korean company Hyundai Dymoss revealed their plans to boost production at the firm’s plant in Slovakia. They should invest altogether €23 million into its existing factory in Žilina, the TASR newswire reported on November 18.

REPRESENTATIVES of the South Korean company Hyundai Dymoss revealed their plans to boost production at the firm’s plant in Slovakia. They should invest altogether €23 million into its existing factory in Žilina, the TASR newswire reported on November 18.

The company serves as a supplier of gearboxes and seats for the Žilina-based carmaker Kia Motors Slovakia. It plans to start redesigning part of its factory in Žilina by the end of this year, with the planned opening of the new premises scheduled for autumn of 2015.

The expansion of production at the plant will result in the creation of an additional 280 jobs, TASR wrote.

The information was revealed after meeting of Slovak Economy Minister Pavol Pavlis and the representatives of the firm during Pavlis’ business trip to South Korea.

Source: TASR

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

Drop in car production lower than expected

Carmakers manufactured 11 percent less cars than in 2019.

Carmakers in Slovakia also produce electric battery and hybrid car models.

News digest: Slovakia tests en mass and launches vaccination of seniors

Health minister admits resignation if alert system not observed. Slovak diplomat has a new lucrative post.

The vaccination in nursing homes started.

A swab instead of a jab. The renamed testing kicked off

The government spent the week deciding about nationwide testing. Lockdown is starting to show in infection numbers, experts say.

Košice