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St. Petersburg Hyundai Plant set an absolute productivity record in 2018

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In 2018 St. Petersburg Hyundai plant produced 246.5 thousand cars, demonstrating an absolute record of productivity in the entire history of the company. In compare with the previous year, the production volume increased by 5.6% due to the consistently high demand for manufactured models, reports the press service of Hyundai Motor Manufacturing Rus. Recall, the plant produces the best-sellers of Russian market - Hyundai Creta crossover, Hyundai Solaris sedan, as well as KIA Rio sedan and cross-hatchback Rio X-Line.

By the end of 2018, the plant “Hyundai Motor Manufacturing Rus” doubled its export volume - it exceeded 11.8 thousand cars. Priority for foreign supplies, as in the last year, is the market of Kazakhstan and Belarus.

In 2018, the actual production volume exceeded the initial planned production figure by 4.9%. Next year, the plant "Hyundai Motor Manufacturing Rus" plans to continue the work at full production capacity and produce more than 240 thousand vehicles.

To date, the total investment in the company exceeded $ 1 billion. In December of 2018, the plant "Hyundai Motor Manufacturing Rus" signed a special investment contract (SPIC) on the modernization of production, updating the model range and the creation of the Center for Research and Development. Until 2027, the company plans to invest 16.9 billion rubles, in addition, additional investments will be invested by companies that are in the Hyundai Motor Group.

As previously reported AUTOSTAT, the average level of localization of produced cars by the Russian Hyundai plant, according to the formula for calculating of the Eurasian Economic Union, is 55%. The plant "Hyundai Motor Manufacturing Rus" is one of the most modern and highly productive industrial enterprises in the country. The plant has more than 230 robots that perform operations on welding and painting car bodies.

09.01.19 AUTOSTAT
Source: www.autostat.ru