Are you sure?

Car parts makers to expand in Hungary

Tire makers Continental and Hankook will continue to expand their operations in Hungary, instead of relying on the Asian manufacturing capacities.

Continental, however, also building a new production site in China to compensate the capacity of the plant meant to be closed in Hannover, Germany. Meanwhile, the company continues its expansion in the Hungarian facilities.

South-Korean Hankook is, at the same time, speeding up the building process of its Hungarian unit in Rácalmás, in order to save on shipping costs due to the South-Korean and Chinese manufacturing sites.