Korean car maker Kia Motors to start production in November.
Korean car maker Kia Motors to start production in November. The plant of the Korean car maker Kia Motors was scheduled to launch serial production in November or December this year, the spokesman for the facility Karol Dvorak informed. The plans of the investor to raise its initial plans for the plant capacity were confirmed during the visit of the economy minister Lubomir Jahnatek in Korea . The Slovak factory should thus produce 300,000 cars annually up by 50% from the original intentions. The total cost of the investment would accordingly rise by EUR 200mn to EUR 1bn. Dvorak stated that the full capacity of the plant would be reached in 2009. At present, the facility was employing 1,500 people and their number was expected to rise to 2,000 by March next year and to 3,000 by the end of 2008.