The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
6,000 jobs Number of planned job creations
Announcement Date
15 January 2010
Employment effect (start)
Foreseen end date
31 December 2010
Description
Hyundai Motor Group, a South Korean car manufacturer, plans to hire 6,000 employees in 2010. The company that currently employs over 75,000 people worldwide said it planned to raise investment by 12 percent (a total of over US$9 billion) and to boost global sales volume by 17 percent. There is no official information on where these jobs will be created.
Eurofound (2010), Hyundai Motor Group, Business expansion in World, factsheet number 70073, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70073.