New report reveals significant economic and social benefits of Hyundai and Kia’s presence in Europe

· Up to 268,000 people owe their jobs to presence of Hyundai and Kia in EU · €1.7 billion in taxes paid to European governments during 2011 · Factories source €3.4 billion of supplies annually from within the regionA new report, published today by leading European economic consultancy London Economics, has independently confirmed the substantial contribution of Hyundai Motor Group to the European economy. The report, entitled ‘The economic and societal benefits deriving from the presence of Hyundai and Kia in Europe’ found that up to 268,000 people owe their jobs to the European