South Korean tire will be set up production bases in Slovakia

South Korean tire on June 14, said in Slovakia in Eastern Europe to establish a production base, production of automobile tires. To this end, the tires will be South Korea on June 15 was formally established in the local legal, Slovakia and deal with relevant details of the consultations. Prior to the Korean tire on investment in Eastern Europe with Slovakia, Hungary, Poland had contact with the three countries last month before a final decision early elections plant in Slovakia. It is reported that the South Korean side tires into Slovakia's plan to 500,000,000 euros (120,000,000,000 won), built in 2007 with an annual output of 500 car tire production plant. If the plant into operation smoothly, South Korea's tire production will be from 51,000,000 to 56,000,000 growth.