Automotive Industry
Industry: Email Alert RSS FeedKia pushes ahead on Slovak assembly plant; Plans include local engine production, but no transmissions.(News)(Brief Article)
Automotive News Europe, April, 2004
Byline: Chris Wright
Kia's push to open a [euro]1.3 billion greenfield assembly plant here by 2006 is so strong plans are proceeding despite uncertainties.
Senior Kia executives and Slovakian government officials broke ground at a ceremony earlier this month even though many details must still be finalized.
Local journalists noted the site still has not be assembled and paid for. The Korean automaker wants assurance that the deal still stands even if a forthcoming election produces a change in government. Slovaks were unsure exactly what the Kia plans included.
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