Luxembourg crown prince visits Hyosung

By Kim Tong-hyung

A delegation of Luxembourg’s economic officials, led by Crown Prince Guillaume, visited the headquarters of Korea’s Hyosung Group in Seoul Friday to discuss the company’s businesses in tires and other automotive parts in the Western European country.

The group of Luxembourg government officials also included the minister of economy and foreign trade Jeannot Krecke, who discussed with Hyosung management about the company’s long-term future and business prospects, company officials said.

``Hyosung is described as a successful case of foreign investment in Luxembourg and we wish to expand our business presence through tight cooperation with the Luxembourg government,’’ Cho Hyun-sang, executive vice president of the Hyosung Group, told reporters.