Hankook Tire to establish first European plant in Hungary

Publication

7 June 2006 à 10h50

Updated on 26 March 2013 à 14h58

Reading time

2 minutes

Publication: 7 June 2006 à 10h50, Updated on 26 March 2013 à 14h58

Reading time: 2 minutes

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The Korean tire company wants to establish a production site close to its European markets. Hungary was chosen because of its low production costs, skilled workers and because it is close to customers located in Western Europe. (Réf. 06574)
Publication

7 June 2006 à 10h50

Updated on 26 March 2013 à 14h58

Reading time

2 minutes

Publication: 7 June 2006 à 10h50, Updated on 26 March 2013 à 14h58

Reading time: 2 minutes

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Hankook Tire is building a new factory in Hungary in Central Europe as an outpost for its entry into the important European market. The Korean company has selected Dunaujvaros in order to build its new plant, approximately 70 KM south of the Hungarian capital Budapest.South Korea’s largest tire maker wants to launch the operation and production in 2007, and the selection and recruitment of job applicants has already started.

The 500 million euro-plant will hire 1500 employees and produce 10...

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