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Hankook Tire suspends production at plant in Hungary

South Koreaʼs Hankook Tire will suspend production at its plant in Hungary from Monday, according to a report by state news wire MTI.

Hankook Tire Magyarorszag said production at the plant in Rácalmas, (about 53 km south of Budapest), will be suspended between March 30 and April 7 because of the coronavirus situation in Hungary and the shutdown of most vehicle makers in Europe.

Hankook Tire Magyarorszag employs more than 3,300 people to turn out 19 million tires a year.