Bridgestone's Hungarian plant receives government award

ERJ staff report (TP)

Tatabanya, Hungary – Bridgestone’s Tatabanya plant received the exclusive title of “Investor of the Month” in early December as part of the “Award for Successful Companies” programme, granted by the Hungarian Ministry of National Economy.

This programme distributes three different awards to different types of companies (corporations, small and medium enterprises, start-ups) who have contributed significantly to the country's prosperity, employment, export and entrepreneurial competitiveness.

The award is given to corporations whose activities contribute significantly to the Hungarian economy and export growth, increasing the ratio of local employment particularly among the graduates and qualified employment-seekers, and who have invested at least €5m in the recent months in the region.

Kenji Karato, Managing Director of the Tatabanya plant, said: “I’m extremely proud and honoured having received this award. We only became part of this community some six years [ago] but it is encouraging to see that the Hungarian government has already valued our efforts and contributions to the society, not only in terms of providing labour or making local investments but also because of our CSR [corporate social responsibility] activities such as offering training and apprentice-programs to young people.”

The plant manufactures premium radial tires for passenger cars, including advanced Run-Flat Technology and UHP tires.

In June 2013 Bridgestone announced a €267m expansion of the Tatabanya plant. The project intends to boost capacity to around 6.5m tires per year, bringing total capacity to about 18,000 tires a day. Expansion is expected to be completed during the first half of 2017 and will also create over 500 new jobs.

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Press release from Bridgestone