Hyundai’s St. Petersburg plant resumed operations after two years of inactivity – Kommersant
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The plant of the South Korean car manufacturer Hyundai in St. Petersburg has resumed operations. The company’s staff is 800 people, the company’s press service reported. TASS.
“We came out of idle time. We are engaged in personnel training and equipment maintenance,” the press service reported.
On January 4, the head of the Russian Ministry of Industry and Trade, Denis Manturov, announced that the assembly of new cars at the plant will begin no later than mid-2024. In mid-December, Hyundai Motor Company decided to sell its St. Petersburg production to Art-Finance LLC and continue only after-sales service in Russia. December 19th “Kommersant-SPb” it became known that the transaction price was only 10 thousand rubles.
The plant stopped production in March 2022. The decision to shut down was made due to problems with the supply of components. The company produced Hyundai Solaris, Hyundai Creta, Kia Rio and Kia Rio X-Line cars. The plant was opened in 2010. Its production capacity is more than 200 thousand cars per year.
Read more about the sale of the plant in the Kommersant-SPb article. “Hyundai leaves, but does not say goodbye”.
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