Manturov: Hyundai announced to the Ministry of Industry and Trade plans to sell a plant in Russia

Hyundai voiced plans to sell his plant in St. Petersburg to the Russian Ministry of Industry and Trade, but there is no final decision, said Deputy Prime Minister, head of the Russian department Denis Manturov, write “RIA News”.

“Such plans were indeed voiced to us, but no final decisions have been made,” the Minister of Industry and Trade replied to a question about the sale Hyundai its factory in Russia.

In early May, the Kazakh company “Astana Motors” refuted plant purchase information Hyundai in St. Petersburg.

In October 2022, the South Korean newspaper Tona Ilbo, citing a recent report analyzing “the situation and prospects for the future in Russia” wrotethat the company is considering selling. In April, MBC reported on plans Hyundai sell the plant to a Kazakh company. According to a number of media reports, Astana Motors may be a contender for the purchase.

The Hyundai plant in St. Petersburg suspended its work in March 2022 due to the special operation of the Russian Federation in Ukraine and the subsequent difficulties with the delivery of components. The plant repeatedly extended downtime, and in December the company began to gradually reduce employees. The total strength of the HMMR team before the reductions was about 2,500 people.

How wrote at the end of December 2022, Vedomosti, the plant began stamping parts, welding and painting bodies for Hyundai Solaris, which the company sends to its plant in Alma-Ata (Kazakhstan) to assemble cars there.