Huyandai may be offered Nosovice site

14-12-2005

There is reported to have been a breakthrough in talks with landowners in the Nosovice region in Moravia-Silesia, opening the way for a deal with the Hyundai car manufacturer who favours this particular site for the construction of a new plant. The governor of the region Evzen Tosenovsky ran into serious problems persuading some of the landowners to sell. After announcing that he would halt preparations for the industrial zone if a deal was not reached by Friday, the negotiations are said to have gained new impetus. Hyundai's decision on the location of the new plant is expected by the end of the year.