The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
700 jobs Number of planned job creations
Announcement Date
19 July 2010
Employment effect (start)
19 July 2010
Foreseen end date
31 December 2011
Description
Hankook Tire Hungary is to create 700 jobs in 2010 and 2011. The international tyre company has its European base in Rácalmás (in Central Hungary) and is to recruit 450 workers this year and 250 next year as part of its participation in a state-approved training (NTR) scheme for the unemployed. At the end of the hiring period there should be 1.900 employees at the company in Hungary, as part of a total of 14,000 employees worldwide.
Eurofound (2010), Hankook Tire Hungary, Business expansion in Hungary, factsheet number 70719, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70719.
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