Bridgestone marks 15 years in Hungary
Japanese tire maker Bridgestone celebrated the 15th anniversary of its local unit at the Bridgestone base on the outskirts of Tatabánya on Friday, according to a report by state news wire MTI.
Addressing the event, Minister of Foreign Affairs and Trade Péter Szijjártó said Bridgestone's local subsidiary availed of government investment stimulus during the coronavirus crisis and "expanded capacity instead of making layoffs".
Bridgestone Tatabánya Termelő Kft. managing director Melinda Topolcsik said the unit has turned out close to 40 million tires. The more than 1,300 workers at the plant in Tatabánya can now produce 6.5 million tires a year, she added.
Bridgestone Tatabánya Termelő Kft. supplies tires for the Mercedes, BMW, VW, and Audi brands.
The company had net sales revenue of HUF 62 billion in 2020, public records show.
Companies Spending Less on Advertising
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
