Hyundai Motor said on Friday it was considering an initial investment of €700 million ($US897.2 million) in its proposed European plant, according to Reuters.
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“Business growth potential is the key to make a decision on our Europe plant…and we’ll also review other factors such as costs, logistics comprehensively,” Hyundai Motor president Park Hwang Ho reportedly told analysts. The company has narrowed down its decision to either Poland or Slovakia for the new plant.
