Lawsuits don't stop Hyundai: Will set up New Plant in Czech Republic

Scandals, scams and allegations have not deterred Hyundai from its plans to expand globally. Amidst, all the problems brewing, Hyundai is still going ahead with its plan to construct $1.26 billion dollar plant in the Czech Republic.

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As stated by Milan Urban, Czech industry minister the government has received a confirmation letter from Hyundai and will continue its plan and construct a plant at Nosovice which will be completed by 2008 and produce 300,000 vehicles per year.The contract will be signed in the mid of this month.

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