Spectator on facebook

Spectator on facebook

Sungwoo Hitech will expand production in Žilina

THE SOUTH Korean company Sungwoo Hitech plans to build and operate a new production facility in Žilina, aimed at manufacturing components for the automobile industry.

Illustrative stock photo(Source: SME)

The expansion will result in creating 300 new jobs.

“In light of the plans to intensify car production, the capacities of existing facilities are inadequate to cover the further expansion of production,” reads the text submitted for the environmental impact assessment, as quoted by the TASR newswire.

No changes to current technological processes or product range are to be made.

“By building the new production facilities, the intensity of lorry transport between Sungwoo Hitech in Ostrava (the Czech Republic) and Sungwoo Hitech in Žilina will be reduced,” reads the proposal.

Sungwoo Hitech is a supplier of components for Hyundai Motors and KIA Motors. Founded in Žilina in 2006, Sungwoo Hitech Slovakia specialises mostly in the production of metal structures, motorised vehicles including their combustion engines as well as car bodies, TASR wrote.

The company’s capital is registered at €8.44 million, with South Korean firms Sung Woo Hitech Co. Ltd., I-zone Co. Ltd. and Lee Myung Keun listed as owners.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Topic: Foreigners in Slovakia


This article is also related to other trending topics: Industry

Top stories

Another For a Decent Slovakia protest was also joined by farmers

People took to the streets for the eighth time.

Farmers with tractors awaited the protesting crowd at the SNP Square in Bratislava.

V4 politicians are not even willing to help fellow Europeans

To give equal weight to the concerns that a Slovak or Czech feels about migration with that of an Italian or Greek is like having equal sympathy for a hypochondriac and a cancer patient.

Prime ministers of V4 countries and their Austrian counterpart.

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony

Police detain another person in promissory notes case

Ex-director of private broadcaster TV Markíza, Pavol Rusko, was detained shortly after being heard.

Pavol Rusko