South Korea’s Hyundai Robotics has opened up its first Continental European office in Ismaning, just north of Munich.
The new office will deal with supply chains and customer service in central Europe and run a showroom introducing customers to Hyundai’s industrial robots.
Hyundai vice president and European office director Richard Lee said the location’s reputation for technical innovation had influenced the company’s decision to set up shop there. “Munich is the silicon valley of Germany,” Lee said. He also cited the good transport connections to the Czech Republic and Slovakia, on the one hand, and France and Italy, on the other, and the great demand for industrial robots in Germany itself.
“Hyundai Robotics’ office confirms Bavaria’s excellent reputation as an international, high-tech location,” said Bavarian Economics Minister Hubert Aiwanger. “Tech companies that invest in Bavaria will find a lot of know-how and a strong network of higgen champions, start-ups and research institutions here.”