Hyundai Motor says earnings reached a record high in 2011 January 26, 2012 - 10:35 AMT PanARMENIAN.Net - Hyundai Motor Co. says its 2011 earnings reached a record high on increased demand at home and abroad. The company said Thursday, Jan 26, that itsnet profitreached 8.1 trillion won ($7.2 billion) last year. The company had earned 6 trillion won a year earlier. Company officialssaid in atelephone conferencethat sales increased in countries such as the United States and China as well as at home, The Associated Press reported. Hyundai Motoris South Korea's largest automaker and is a major force in the global auto industry.
  Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
