The Ukrainian-Russian war has affected global politics and economic extremes, and it has also led to the withdrawal of various car factories that originally sold in Russia. According to foreign media reports, Hyundai has also begun to lay off employees at the St. Petersburg factory in Russia. Nearly 90% of the employees will be laid off. , the plant in St. Petersburg may be acquired by Hyundai Partners.

According to foreign media reports, Hyundai has 2,500 employees in the St. Petersburg factory, but Hyundai has successively laid off employees from January 16 to February 27, and will lay off 2,200 employees, accounting for 88% of the total. 

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Hyundai's St. Petersburg plant can produce 200,000 vehicles per year, but due to the impact of the Ukrainian-Russian War, production will stop in March 2022, and 90% of employees will be forced to take leave.

Hyundai Group will still work hard to resume factory operations. The executive said that the St. Petersburg plant currently only produces maintenance and repair parts for sold vehicles, but in order to resume car production, it will discuss solutions with the St. Petersburg city government.

Some experts believe that the St. Petersburg plant that Hyundai took over from GM General Motors in 2020 may be resold. It is currently reported that it may be a partner Astana Motors, but it has not been officially confirmed.

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