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EC Clears Hungarian State Aid for Hankook Expansion

Sándor Laczkó
Apr 27, 2026

The European Commission has approved EUR 71.6 million (HUF 28 billion) in aid from the state of Hungary for the expansion of South Korean tire maker Hankook Tire & Technology Co. Ltd.'s plant in Rácalmás (C Hungary), the European Union's executive body said on Monday. The EC statement highlights that this measure will support Hankook […]

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