Tag: Hungary

Hankook Tire postpones Hungary truck tyre plant

Hankook Tire postpones Hungary truck tyre plant

13th September 2019 | 0 Comments

News reports from Hungary suggest Hankook Tire has put on hold plans to set up a truck tyre production unit at its Rácalmás plant. English-language publication the Budapest Business Journal writes that fellow business daily Világgazdaság shared this news with its readers yesterday.

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New warehouse, increased capacity at Bridgestone’s Hungary tyre plant

New warehouse, increased capacity at Bridgestone’s Hungary tyre plant

5th September 2019 | 0 Comments

Bridgestone has inaugurated the newly expanded warehouse at its tyre production plant in Tatabánya, Hungary. The new 10,000 square metre addition to facility’s warehousing was set up as part of a HUF 9.2 billion (£25.2 million) investment to develop the Tatabánya site and increases storage capacity by 180,000 tyres. The plant’s warehousing can now store up to 600,000 tyres, a growth that is expected to aid Bridgestone’s business with original equipment customers.

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Apollo Tyres: Netherlands car tyre production down, but not out

Apollo Tyres: Netherlands car tyre production down, but not out

19th July 2019 | 0 Comments

Passenger car tyre production and capacity at Apollo Tyres’ Gyöngyöshalász plant in Hungary has steadily grown over the past two years. These respectively reached 2.1 million and almost 3 million units a year by the end of March 2019, and Apollo is still ramping up in Hungary. It’s a different story in Enschede, some 700 miles to the west, but Apollo Tyres says it isn’t preparing to end car tyre production in the Netherlands any time soon.

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Rubber bitumen plant to ‘eat’ 500,000 car tyres a year

20th June 2019 | 0 Comments

Hungarian oil and gas company MOL Group is setting up a new rubber bitumen plant in Zalaegerszeg, in the west of the country. A foundation stone for the facility was laid in May; when complete next year, it will be able to produce 20,000 tonnes of rubber bitumen for road building applications.

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Autonavigator ranks Davanti DX390 tyres fifth

25th April 2019 | 0 Comments

Hungarian automotive website Autonavigator.hu has ranked Davanti’s DX390 car tyre fifth in its Summer 2019 tyre test.

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SK Innovation investing 1 trillion won in Hungary car battery factory

SK Innovation investing 1 trillion won in Hungary car battery factory

26th March 2019 | 0 Comments

SK Innovation reports that it is planning to invest just under 1 trillion won (a little less than US$1 billion) in its second car battery plant, this time in Hungary. The company has selected Komaron City in northern Hungary for the investment of 945.2 billion won.

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Hankook strike in Hungary ends

26th March 2019 | 0 Comments

The strike at Hankook Tire's plant in Hungary is over. The tyre maker reports reaching an agreement with trade union VDSZ last week. Hankook will provide workers financial incentives to perform shift work as well as offer bonuses for long service and achieving set goals.

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Hankook Tire: Operations in Hungary continuing despite strike

Hankook Tire: Operations in Hungary continuing despite strike

13th March 2019 | 0 Comments

Yesterday the Federation of Chemical Workers of Hungary (VDSZ) announced the start of an indefinite strike at the Hankook Tire factory in Rácalmás, Hungary. With this measure, the trade union is placing pressure upon the tyre maker to modify the terms of the wage increase it announced for 2019. What then is Hankook Tire offering plant workers, and why doesn’t the VDSZ like it?

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Hankook: Union calls for indefinite strike in Hungary tyre plant

12th March 2019 | 0 Comments

As reported yesterday, wage negotiations between management at Hankook Tire’s factory in Rácalmás, Hungary and the union representing plant workers have reached a stalemate. Today, the Federation of Chemical Workers of Hungary (VDSZ) announced the start of an indefinite strike at the factory.

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Further strike action expected at Hankook Tire plant in Hungary

11th March 2019 | 0 Comments

The trade union representing workers at Hankook Tire’s factory in Hungary warns further strikes will take place unless pay rise demands are met. In a statement, the Federation of Chemical Workers of Hungary (VDSZ) warns that strikes could occur as soon as today.

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Vredestein ‘celebrates farming life’ in promotional video for agricultural tyres

Vredestein ‘celebrates farming life’ in promotional video for agricultural tyres

4th December 2018 | 0 Comments

Vredestein has produced a promotional video focused on the role of farmers, their connection to the soil, and the hard work they do every day. Made by award-winning Amsterdam-based studio Sounds Like Film and the result of nine months of filming, the video is part of Vredestein’s Live the Land campaign for its agricultural tyre portfolio.

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Apollo’s Onkar Kanwar receives Hungary’s ‘Order of Merit’

Apollo’s Onkar Kanwar receives Hungary’s ‘Order of Merit’

1st November 2018 | 0 Comments

Hungary has bestowed the Officers Cross (Civilian Division) of the ‘Order of Merit’ upon Onkar S Kanwar, chairman of Apollo Tyres Ltd. This award was conferred in recognition of Kanwar’s work towards strengthening Hungarian-Indian economic relations through the company’s investment in Hungary.

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First truck tyres shipped from Apollo Tyres’ Hungary plant

First truck tyres shipped from Apollo Tyres’ Hungary plant

24th September 2018 | 0 Comments

Production of truck tyres for the European market has commenced at the Apollo Tyres plant in Gyöngyöshalász, Hungary. The tyre maker shares that the first examples of these tyres, Apollo EnduRace RT HD trailer tyres in size 385/65 R22.5, have been shipped to a transport company in Belgium. British customers will receive their Apollo tyres through Treadsetters, who earlier this year was chosen to sell and distribute the Apollo truck and bus tyre range across England, Scotland and Wales.

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Bridgestone’s Hungary plant to gain new 10,000m² warehouse

Bridgestone’s Hungary plant to gain new 10,000m² warehouse

11th September 2018 | 0 Comments

Bridgestone intends to invest a further HUF 9.2 billion (£25.3 million) in its Tatabánya tyre factory in Hungary. According to information published by Hungary’s Ministry of Foreign Affairs and Trade, the investment will cover the construction of a 10,000 square metre warehouse and also facilitate an expansion of production capacity, as announced last year, to 7.2 million tyres per annum by 2020. Hungary’s government will contribute HUF 826 million (£2.3 million) towards the project.

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Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant

Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant

28th August 2018 | 0 Comments

During a conference call held this month, the chief financial officer of Apollo Tyres Ltd. confirmed that passenger car tyre production at the Apollo Vredestein plant in Enschede, the Netherlands would be reduced as capacity for these products grows in the company’s new, more cost-competitive facility in Gyöngyöshalász, Hungary. However, this trend shouldn’t be seen as a transfer of capacity, as the plan for Enschede going forwards is for its continued utilisation, with greater emphasis placed upon other segments.

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