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

Man from Russian sanction list trained president’s and PM’s bodyguards

Denis Riauzov is on the sanctions list and the secret services believe he is a Russian agent.

He survived the Paris attacks: Slovakia healed me, he says

I stepped back into life and learned to live again here. I don’t think I could have done it in Paris, says Thomas Tran Dinh.

I found people in Slovakia who try to understand and balance things, says Thomas Tran Dinh.

What does this man know?

Prosecutor searches for witness in the case of Ján Kuciak and Martina Kušnírová’s murder.

Identikit picture of possible witness in Kuciak murder case.

I am not afraid, I do not work like Kuciak

Sometimes trolls burst into our office and shout at us until we convince them to leave, but they never sue us, says David Crawford from the newsgroup Correctiv who were the first to discover who downed MH17 flight.

David Crewford