Hankook Tire signs deal to build Hungarian plant

Newswire

SEOUL, Oct 31 (Reuters) - South Korea's Hankook Tire has signed a deal with the Hungarian government to build a 500 million euro ($603.2 million) plant in the central European country, the company said on Monday. South Korea's top tyre manufacturer said in a statement it would start building the new plant early next year with production due to start in the second half of 2007 and construction set to be completed by 2010. Hankook Tire is aiming for annual production of 10 million tyres ...

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