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Hankook Reports Higher Revenue and Operating Profit

Nov 15, 2023

Tire manufacturer Hankook's third-quarter revenue and operating profit increased by 1.8% and 106%, respectively, compared to the same period last year, according to a company statement sent to MTI on Wednesday. Hankook supplies tires to about 40 global car brands worldwide through about 250 original equipment supply chains, including Audi, BMW, Mercedes-Benz, Porsche and Tesla. […]

Hankook Sustainability Report 2022/23

Sep 5, 2023

Premium tire manufacturer Hankook has published its ESG (Environmental Social Governance) report for 2022/23, in which the company reports on its sustainability measures and strategies for this year. As an assurance, the Science Based Targets Initiative (SBTi) has recognised Hankook's greenhouse gas reduction targets. These are expected to achieve zero emissions by 2050 based on […]

Tire production at Hankook Hungary | Dávid Harangozó

Hankook completes expansion project in Hungary

May 26, 2015

South Korean tire maker Hankook has completed the third phase of a 313 million euro (HUF 4 billion) investment project in Hungary, in which it has expanded the production capacity of its local plant and added 950 jobs, reports.

'Investor of the month' in Hungary: Hankook Tire | Dávid Harangozó

Vehicle manufacturing: 10pc of Hungarian GDP

Feb 11, 2014

Hungary’s vehicle manufacturing industry produced some EUR 18 bn last year, which amount constitutes 18% of the total Hungarian manufacturing industry output, 10% of Hungary’s GDP and 18% of total Hungarian exports.

| Dávid Harangozó

Hankook expands production in Hungary

Oct 18, 2012

Hankook will expand its Hungarian facility in an over HUF 2.4 billion (EUR 8.7 m) investment project, co-financed by the European Regional Development Fund (ERDF), setting up a new production hall for a new compound mixing unit to increase effectiveness.

Sang Il Lee | Dávid Harangozó

More tires for Europe from Hankook Tire Hungary

Mar 21, 2011

““A lot has changed in the past three years since Diplomacy and Trade visited Hankook” says Sang Il Lee, managing director of Hankook Tire Hungary ltd. He proudly states that in 2010, the company exceeded the original target by over 10%.

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