Hyundai factory in Nošovice, Czech Republic increased its profit to 7.22 billion CZK (approximately 282 million EUR) in 2018, which is a 531 million CZK increase compared to the previous year. The car producer recorded the positive outcome despite a decrease in sales of more than 7 billion CZK. While the initial plan was to produce 330 000 new cars in 2018, the factory managed to overpass it with 340 300 new vehicles. Since its opening in 2008, the factory produced more than 3 million new cars. It employs 3300 directly and 8700 additional people through subcontracting.
Prepared by the team of foreign office CzechTrade Brussels