One of the leading car manufacturers in the world, South Korea's Hyundai, is considering open a factory in Croatia. According to reports in the Croatian media the South Korean car giant is seriously exploring the possibilities of launching a production facility in Croatia.
Apparently the Croatian government and Hyundai have been in negotiations for two months and they are currently analysing the potential investment. Further details as to the size of the investment are still unknown however it is believed that a site in northern Croatia is being considered and that the future plant will not just be for making parts but for actually producing the finished product.
If the South Korean automobile giant ultimately decides on such an investment, it would be of great importance to Croatia because it would open up a large number of new jobs, further boost exports, and better position the country on the investment map.
The attraction of the automotive industry to Croatia is one of the goals of the Government. Some companies in Croatia already produce parts for the world auto industry, and Croatia also has its own home-grown electric cars. According to official data, the Croatian car industry employs 2,861 workers.