Michelin's Nyiregyhaza plant needs to boost its output to remain competitive - whether this will now happen is uncertain

Although Michelin reportedly needs to increase output at its Nyiregyhaza plant in Hungary at least 400 per cent to remain competitive, a question mark now hangs over when and if previously planned expansion work will take place. On 25 January business daily Vilaggazdasag quoted the general director of Michelin’s Hungarian unit, John Young, as saying the tyre maker had put its expansion plans on hold due to legal and financial uncertainties in Hungary... Please login below.

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