Hankook has made 25 million tyres in Hungary

ERJ staff report (DS)

Racalmas, Hungary -- Hankook Tire announced that the 25 millionth tyre rolled off the production line in November 2011. Hankook Tire invested 550 million Euros to build its European production site in Hungary, which recently reached its full capacity and now produces up to 12 million tyres per year in addition to providing employment to 2,000 people.

Since the initial opening of the plant in 2007, the capacity has been growing steadily and dynamically: While 6 million tyres were produced in 2010; this year's total production is expected to exceed 9 million tyres, going up to 12 million tyres as of 2012.

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Press release from Hankook