Mobis Automotive Czech, supplier to Hyundai, sees sales rise to 58.74 billion

Mobis Automotive Czech, a car-part manufacturer in Nošovice in the Frýdek-Místek District, which supplies modules to the Hyundai car company, saw sales of products and services increase by 15.33 billion crowns in 2023, to 58.74 billion crowns. The company's net profit increased year-on-year by 109.3 million, almost a fifth, to 681.9 million crowns.

CEO Sangwon Kang said that the company gradually reduced the cost of electricity, gas, fuel and certain raw materials last year. Mobis focuses on the assembly of complete automotive modules and battery systems, which it delivers to the Hyundai Motor Manufacturing Czech plant in Nošovice. The company had an average of 1,485 employees in 2023. Mobis products are part of all cars manufactured in Nošovice. The company belongs to the Korean company Hyundai Mobis.