Bridgestone Tatabánya expects expansion to quadruple capacity

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The Hungarian unit of Japanese tire manufacturer Bridgestone expects its capacity to quadruple as a result of an investment program the unit launched three years ago, according to news reports published yesterday.

Plant manager Fernando del Cerro said yesterday that the HUF 85 billion investment could lead to an increase in the plant’s capacity in Tatabánya to 7.2 million units from the current 1.8 million by 2020, according to a report from online daily index.hu. 

Headcount at the plant is expected to rise by 20%, exceeding 850 by 2018, Hungarian news agency MTI reported. Currently, headcount is approximately 700.

Almost all products manufactured at the unit are exported, according to index.hu.

In 2015, the plant turned out 1.8 million tires, and saw revenues reach approximately HUF 48 billion.

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