Bridgestone to raise consumer tyre capacity in Hungary
A sharp decline in demand for tyres within the European Union is Bridgestone’s stated reason for cutbacks in Spain and France; travel to Hungary, however, and the picture looks entirely different. The tyre maker states it will treble production capacity of passenger car tyres at its Tatabánya plant in the coming years. One hundred per cent Bridgestone Europe-owned local subsidiary, Bridgestone Tatabánya Termelö Kft, will invest approximately 267 million euros to increase daily capacity from 6,000 tyres (as of June 2012) to 18,000 tyres. The expansion project is expected to be completed during the first half of 2017.