Hyundai Mobis to build plant in Czech Republic


SEOUL: South Korea’s Hyundai Mobis Co Ltd said it will build a 95.65-million-euro (US$129mil) factory in the Czech Republic to make car lamps for the local operations of compatriots Hyundai Motor Co and Kia Motors Corp.

Hyundai Mobis said it would sign an agreement tomorrow with the Czech government to build its second plant in the country by 2017 near the city of Ostrava.

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Business , hyundai , czech , factory

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