Hyundai says to invest 800 mln-1bln euros in Czech

Newswire

PRAGUE, March 27 (Reuters) - Hyundai Motor Co said on Monday it expects to invest 800 million euros to 1 billion euros ($963.4 million to $1.20 billion) into a new car plant to be built in the Czech Republic. Kim In-seo, senior vice-president at the South Korean carmaker also told reporters the plant is expected to produce up to 300,000 vehicles a year once it reaches capacity. The plant, expected to be up and running in 2008, is to be set up in a planned eastern industrial zone in ...

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