Spectator on facebook

Spectator on facebook

Hyundam Slovakia moves to new premises

The company expects the construction of the new plant to cost €1.4 million.

Illustrative stock photo(Source: AP/TASR)

Supplier to carmakers Kia and Hyundai will move to new premises, establishing a completely new plant in Lietavská Lúčka (Žilina Region).

Korean company Hyundam Slovakia currently rents premises in Žilina, but they are not satisfying from both the technical and capacity point of view. Moreover, they do not meet the requirements for modernisation of the firm, the Hospodárske Noviny daily reported in late July 2016.

“The company decided already in 2014 to build a new plant which would be able to house all activities concerning the production,” read the documents Hyundam Slovakia submitted to respective authorities, as quoted by Hospodárske Noviny.

The company, which produces fuel pumps, is seeking to strengthen its position in Slovakia. It expects the construction of the new plant to cost €1.4 million. The works are planned to start in February 2017 and last nine months.

After completing the plant, the company plans to produce up to 1.5 million fuel pumps a year. It also plans to launch two-shift operation and hire about 50 new people. It currently employs 80 staffers, Hospodárske Noviny wrote.

Topic: Automotive


Top stories

Employee of the ministry’s agency accused of corruption

If found guilty, the employee of the Agricultural Paying Agency may spend up to eight years in prison for taking a bribe.

Sagan wins first race of 2017 Video

The Slovak cyclist triumphed at the second race of the Belgian classics.

Peter Sagan

Queues rigged at foreigners’ police, say clients

Not our problem, say police, who blame ‘cultural specifics’ and ‘habits’ of foreigners.

Queue in front of the foreigners' police department in Bratislava.

Legendary Luna bar to reopen Photo

The programme in the bar will focus on retro and oldies.

Luna Bar in the Kyjev Hotel