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Michelin opens tire factory in Nyíregyháza

French tire company Michelin has opened a car tire factory in Nyíregyháza with an investment of Ft 14.5 billion, daily Népszabadság reported. The factory employs 217 people and will produce 800,000 tires per year. Michelin also expects subcontractors from the region of east Hungary, who may count on permanent orders. Michelin already has another tire factory in Nyíregyháza, which supplies agricultural machines with its products.