Daelim Wins Hankook Tire Phase III Second Main Construction Project

DATE 2013.10.22

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Daelim Wins Hankook Tire Phase III Second Main Construction Project

Daelim and Samho won the Hankook Tire Phase III Second Main Construction Project ordered by Hankook Tire Hungary on October 22, 2013. The total contract amount is about KRW 115.0 billion, with Daelim and Samho having 51% and 49% stakes, respectively. 

The two companies will build a tire factory with annual production capacity of 15 million tires in Rascalmas City, 68km south from Budapest, Hungary’s capital. The construction duration is 11 months.