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
950 jobs Number of planned job creations
Announcement Date
6 June 2014
Employment effect (start)
7 June 2014
Foreseen end date
Description
Hankook Tire, an international tyre company will inaugurate a new plant in the summer of 2014, creating 950 new jobs in Hungary, in Rácalmás.  The €305,5 million investement is supported by a €24.1 million state grant and tax allowances of around €33.82 million and is authorised by the European Commission as a regional investment plan.
Eurofound (2014), Hankook Tyre Magyarország, Business expansion in Hungary, factsheet number 77177, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77177.
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