On October 1, 2015, Prime Minister Bohuslav Sobotka and the chairman of the board of directors of Korean NEXEN TIRE, Byung Jung Kang, inaugurated the construction of a new factory hall in the Triangle industrial zone at Žatec. The Korean tyre manufacturer will create up to 1,500 new jobs there. The hall is expected to be completed by the end of 2017 and production is set to be launched in the first quarter of 2018. The factory will have a daily capacity of up to 31,000 tyres. Bohuslav Sobotka’s cabinet approved NEXEN’s investment project worth more than CZK 22bn in June 2014.
Source: www.cianews.cz
