Exec: Hyundai plans to launch engine plant in St Pete in 2021 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Exec: Hyundai plans to launch engine plant in St Pete in 2021

MOSCOW, Mar 13 (PRIME) -- Hyundai plans to launch an engine plant producing up to 150,000 vehicles a year in St. Petersburg in 2021, Entek Lee, director of the plant, said at a forum on Tuesday.

Director for External Relations Viktor Vasilyev told reporters that Hyundai will invest in the plant more than its competitors. Volkswagen and Ford spent U.S. $250 million and $270 million respectively, the facilities were launched in 2015.

End

13.03.2018 15:46
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 74.9022 -0.6336 17 nov
USD 65.9931 -0.6228 17 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1134.93 +0.34 18:50 16 nov
micex 2372.67 -0.37 18:50 16 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.16 -0.64 18:49 16 nov
lkoh 4824.00 -0.62 18:49 16 nov
rosn 420.85 -0.80 18:49 16 nov
sber 199.26 -0.44 18:49 16 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 74.9025 -0.2975 14:59 16 nov
USDTD 65.7225 -0.8775 17:44 16 nov