After tragedies and big losses, Hyundai looks to reverse North Korea fortunes - Dealers Care

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Wednesday, 31 October 2018

After tragedies and big losses, Hyundai looks to reverse North Korea fortunes

By Ju-min Park and Heekyong Yang SEOUL (Reuters) - For Hyundai, the South Korean conglomerate, North Korea has been a story of lost opportunities - and tragedy. In 2003, months before Hyundai was set to open an industrial complex in North Korea, the executive behind the project committed suicide amid accusations his company had made a secret $500 million payment to the North. Five years later, a Hyundai-run resort in the North was closed after a North Korean soldier shot a South Korean tourist

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