Government delegation signs agreement with Hyudayi

A Czech government delegation has signed an agreement in South Korea with Hyundai Motor on the construction of the company's new car plant in Nosovice in North Moravia. The document was signed by the Czech Trade and Industry Minister Milan Urban and the vice-president of Huyndai Motor Kim Dong-jin. Minister Urban said that he is not afraid that the current investigation into the financial scandal in the company could delay the construction. Hyundai is planning to invest some 800 million dollars in the Czech Republic.