Korean company Hyundai’s St. Its facility in St. Petersburg has extended the outage until December 31, 2023. In this respect reports TASS, with reference to the city’s Employment Center.
“Hyundai Motor Manufacturing Rus LLC announced that the business will be closed by December 31. St. According to the St. Petersburg Employment Center, 502 people are idle (about half of the company’s staff).
Formerly Deputy Prime Minister of the Russian Federation and Head of the Ministry of Industry and Trade Denis Manturov statedSt. It was stated that the buyer of the Hyundai factory in St. Petersburg will be a company from Russia and the agreement will also include the possibility of buyback.
Deputy Prime Minister noted that Hyundai sold the facility with a buy-back option, but considering the Presidential decree, this was limited to two years.
St. The Hyundai automobile plant in St. Petersburg went into operation in 2010. Its production capacity allows it to produce 200 thousand cars per year. The Hyundai Creta and Solaris, as well as the Kia Rio and Rio X-Line, were produced at the facility before production was halted in March 2022.
Previously reportedHe said that Iran has become the priority market for the export of Lada models.