Some of Hyundai subcontractors not paid

Ostrava - Although Hyundai is going to start trial production in Nošovice, north Moravia, next month, a number of Czech and Slovak companies that participated in the construction of the new facility have not been paid for their contracted work. Hyundai denies any responsibility, saying it is Korean company Wi Tech Slovakia that owes the money. The carmaker says it has no contract with Wi Tech, which is at the very end of a chain of Korean suppliers. Wi Tech had contracted local small and medium-sized companies as sub-suppliers for the plant construction. This spring, the company's management left Slovakia, leaving nothing more than unpaid bills. Oto Hikel, an entrepreneur from Ostrava, claims Wi Tech owes him at least CZK 0.5 million. "I was happy at first that we have a job, but eventually it ruined me. I paid my employees... [read full story]