South Korea

South Korean Yura Corporation has bought Serbian electric parts maker Zastava Elektro for EUR3mn, local news source Beta has revealed. BMI sees this as a further example of the Serbian... 2010-04-14

South Korean Hankook Tire will invest EUR230mn in its European manufacturing centre in Rácalmás, Hungary in a bid to double production in the region to 10mn tyres a year by 2012... 2010-02-01

The world's second biggest free trade deal, signed between the European Union and South Korea in Brussels, should give South Korea's auto industry a substantial boost, to the indignation... 2009-10-21

Hyundai Motors, the third largest carmaker in the Czech Republic, will invest EUR130mn (US$183mn) to boost car and gearbox production in the country over the next two years. Hyundai... 2009-07-20

Ukrainian Automobile Corporation (UkrAVTO) has signed a long-term contract with South Korea's Kia Motors for the distribution of latter's cars in the Ukraine. In January, UkrAvto... 2009-04-17