Hankook Getting Ready in Hungary
Korean tyremaker Hankook, who in a company news release referred to Europe as their “second domestic market,” are preparing their new factory in Hungary for the start of production. The plant in Dunaujvaros, Hungary, which according to the company cost US$500 million (£255 million), is located on a 54-hectare site 68km south of Budapest and when operational will provide output for the European UHP tyre market.