While Korean car giant Hyundai are on a global mission to become one of the world’s biggest car makers, four land owners, including a farmer, are putting the skids on a £69 million car plant proposal around the industrial town of Nosovice Czechoslovakia.
The Prague Daily reports that local authorities have already approved the conditions of the buyout of land by Hyundai, but some of the locals, who claim their homes and land are part of their heritage, are having none of it.
The proposed buyout means that people would receive from CZK 3 million (£71,000) to CZK 6 million (£140,000) for a house and CZK 150 (£3.50) per a square metre of land as a compensation if Hyundai selects the locality for the plant’s site.
Hyundai have other options in the pipeline but I guess some folk like things just the way they are. I bet they are popular with their neighbours (ouch).