UPDATE 1-Hyundai plant to bring $1.4 bln to Slovakia

Newswire

(Adds quotes, details, background) BRATISLAVA, March 18 (Reuters) - South Korean carmaker Hyundai Motor said on Thursday that it and seven supplier firms would invest a total $1.4 billion into a new European production centre in Slovakia. Hyundai Motor President Chung Mong Koo said Hyundai's Kia Motors unit would itself spend more than $1.1 billion on the Slovak factory. Previous estimates by Hyundai of its investment had ranged from 700 million euros to 1.1 billion euros, equivalent ...

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