Hyundai Progresses in Europe

Topping-out Ceremony for the New Powertrain Building of Hyundai Motor Europe Technical Center

  • Topping-out ceremony for 80 new work places and 10 new engine and transmission test benches on October 27th, 2005 in Rüsselsheim
  • Hyundai Motor Europe Technical Center GmbH invested 15 million Euro in the expansion of its Powertrain facilities

RUSSELSHEIM, Germ., Oct. 25, 2005 – Hyundai Motor Europe Technical Center GmbH (HMETC) informed about the date of the topping-out ceremony for its R&D site expansion at its headquarters location Blauer See in Rüsselsheim. Having had the groundbreaking earlier this year in June, HMETC will celebrate the topping-out ceremony on October 27th, 2005, together with its employees, the developer AMCO as well as the construction company TAKENAKA.

The prominent construction site next to the highway A60 quickly moves towards completion. „We are very well on schedule,“ said Dr. Michael Fischer, Head of Powertrain at HMETC GmbH. „Our planning foresees to put the 10 new test benches into operation in June next year. In order to handle the growing number of development projects, which required the site expansion, we are going to add a further 80 specialized technicians and engineers to the Powertrain-team.“

By the end of 2006, around 130 people alone, out of a then total of 400 people at HMETC GmbH in Rüsselsheim, will be employed in the Powertrain division of Hyundai’s European R&D center.

„We are preparing for the growing challenges a European R&D headquarters will have to manage,“ explained Nam-Yong Kim, President of HMETC GmbH. „Starting from 2007, we will closely coordinate and work seamlessly with the Kia production in Slovakia as well as with the European Hyundai production currently considered to be in the Czech Republic a year later.“

Just recently, Hyundai Motor Company announced that it is investigating alternatives for building a one-billion Euro production site in Eastern Europe. Starting from 2008, around 300,000 vehicles intended for the European market are supposed to be build in the Czech Republic.

Media representatives are welcome to join for the topping-out ceremony on October 27th, 2005 at 14:00 o’clock in Rüsselsheim.

Hyundai Motor Europe Technical Center GmbH
Marie-Curie-Strasse 2 / Hyundai Platz
65428 Rüsselsheim

Established in 1967, Hyundai Motor Co. has grown into the Hyundai KIA Automotive Group which includes over two dozen auto-related subsidiaries and affiliates. Employing over 50,000 people worldwide, Hyundai Motor posted US$26.1 billion in sales in 2004 (on a nonconsolidated basis). Hyundai motor vehicles are sold in 193 countries through some 5,000 dealerships and showrooms. Hyundai Motor Co. is a sponsor of the 2006 FIFA Germany World Cup. Further information about Hyundai Motor Europe and its products is available on the Internet at http://www.hyundai-europe.com .

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