Hyundai’s Czech plant posts 1.5 billion profit in Jan-Sept of 2010

The carmaker Hyundai’s plant in Nošovice, in the north-east of the Czech Republic, on Wednesday posted a profit of 1.55 billion crowns, or 86 million US dollars, for the first nine months of 2010. Over the same period in the previous year, the firm registered a loss of 1.35 billion crowns. The revenues of Hyundai’s Czech plant rose by 70 percent between January and September; in the whole of last year, the company made over 200,000 cars at its Czech hub.

Author: Jan Richter