Czechs hope Hyundai sticks to $1.2 bln investment

Newswire

PRAGUE, April 26 (Reuters) - The Czech government believes a bribery scandal at South Korea's Hyundai Motor Co. will not upset the automaker's plan to build a $1.2 billion new car plant in the country, a cabinet minister said. Czech Industry and Trade Minister Milan Urban was quoted in the business daily Hospodarske Noviny on Wednesday as saying he had some concerns about the fate of the planned investment, but saw no reason at the moment to review the deal with the company. Hyundai has ...

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