Hyundai Nosovice Reports Annual Profits Up

Hyundai Nošovice generated a profit of CZK 7.39 billion in 2019, with revenues of CZK 123.14 billion.

Last year, the carmaker produced 309,500 cars, which represented a year-on-year decrease of nine percent.

The majority of cars manufactured in Nošovice are sold in Germany, Great Britain, Spain, Russia, and Poland.

In addition to passenger cars, Nošovice also manufactures two types of six-speed transmissions.

The factory in Nošovice is the only Hyundai production plant in the European Union. It produces up to 1500 cars a day. It produces the i30, Kona Electric, and Tucson models. The factory has 3,300 employees.