Slovakia announces new Hankook tyre factory

Hankook has apparently confirmed that it will build a tyre plant in Slovakia, near Levice, about 140 km east of Bratislava. A spokesman for the Slovak Economy Ministry confirmed press reports that the Korean company has definitely decided on Slovakia. No-one from Hankook was available for comment.

Reuters news Agency reported " South Korean tyre maker Hankook Tire has picked Slovakia for a new factory in which it plans to invest over 500 million euros ($643 million), giving a further boost to the country's booming automotive industry." Reuters quoted Slovak Economy Ministry spokesman Maros Havran saying "It was confirmed by a phone call, and we also received a letter from the company,"

Hankook's European headquarters declined to comment on the report, saying no-one in Europe was allowed to say anything and only the head office in Korea could comment on the story. There was no response from Hankook in Seoul, and the company did not return phone calls.

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