25 Years of Michelin in Hungary

Michelin celebrates its 25th anniversary in Hungary in 2021. Since 1996, when the Michelin Group acquired Taurus, the company has been offering sustainable mobility solutions in Hungary.

A press statement by the company says that Michelin supports its employees, customers and local communities in a responsible and environmentally friendly way through significant investments and a heritage that goes beyond these 25 years.

Michelin has four sites in Hungary with state-of-the-art infrastructure. These include a tire factory in Nyíregyháza, a logistics site in Vác and Tuzsér and a sales office in Budapest.

Michelin's creativity and innovation is fuelled by the talent and diversity of its more than 1,300 employees in Hungary. Its relationship with its employees is based on shared values of respect, dialogue, trust and commitment to high quality products and services.

Michelin employees around the world practise these values every day to drive progress for all. In Hungary, Michelin works directly with more than 190 tire dealers who offer its high-end products at more than 450 points of sale nationwide.

Since 1996, Michelin has produced more than 1,088,000 tonnes of tires at its Nyíregyháza plant. Recognizing the importance of conserving natural resources and the environment in order to operate its business in a sustainable way, Michelin considers the environmental impact of its activities and products from the design phase, throughout the entire life cycle.

In Hungary, Michelin has spent over HUF 170 billion on modern infrastructure over the last 25 years, the statement points out.