Hyundai plans new investments in Turkey next year.

By bne IntelliNews November 29, 2010
Chairman of Hyundai Assan, Ali Kibaroglu, told daily Hurriyet that PM Recep Tayyip Erdogan held talks with chairman of Hyundai Mong-Koo Chung at the sidelines of the G-20 summit in Seoul. At the meeting, chairman of Hyundai suggested that Hyundai may undertake new investments in Turkey, according to Kibaroglu. Hyundai's plans for Turkey include establishment of a new factory and joint production of a new model and Hyundai will announce details in the first quarter of 2011, Kibaroglu asserts. Hyundai Assan is a joint venture between local Kibaroglu Holding and Hyundai.

Related Articles

PKK leader Ocalan calls for ceasefire and withdrawal of militants from Turkey.

The jailed leader of the PKK, Abdullah Ocalan, called for a ceasefire on Thursday, ordering armed PKK militants to withdraw from Turkey. Hundreds of thousands of people gathered in the city of ... more

Syrian government says Turkey responsible for chemical attack.

The Syrian government said the rebel groups foreign supporters, Turkey and Qatar, were responsible for a chemical attack in Aleppo. The countries that back and support the rebels, including ... more

Erdogans comments on Zionism clouds US secretary of states Turkey visit.

US secretary of state John Kerry was in Ankara on Friday for talks with the Turkish leaders, including PM Recep Tayyip Erdogan and President Abdullah Gul, focused on the crisis in Syria, ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335