EMCC European Monitoring Centre on Change

Hyundai Motor

Company/Organisation:
Hyundai Motor

Geographic Location

Country: Czechia
Region: Moravskoslezsky; Moravskoslezsko
Location of affected unit(s): Nošovice

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 1700

Employment Effects

Announcement Date: 20-08-2009
Type of Restructuring: Business expansion
Employment Effect Start: 01-06-2009
Foreseen End Date: 31-01-2011
Planned Job Creation: 1800

Additional Information

Hyundai Motor Manufacturing Czech has announced that it will employ 3,500 people at the Nošovice plant by 2011. The South Korean car manufacturer will create roughly 300 new jobs from June to July 2009. The business expansion is attributed to a permanent demand for Hyundai i30 and the launch of the two-shift operation for the production of the new model Kia Venga starting at the beginning of September 2009. Currently, the company employs about 2,000 people. Production capacity will increase from 200,000 to 300,000 cars a year.