Poles battling it out for tire investments
Hankook is currently considering two locations in Poland, Wrocław and Gorzow Wielkopolski, as well as the usual candidates in the Czech Republic, Hungary and Slovakia.
The investment, should it be located in Poland, would create 2002 jobs. Hankook Tire Manufacturing is one of the top 10 tire manufacturers in the world and French tire giant Michelin owns a 10 percent stake in the company.
Meanwhile, Michelin itself is looking for a location for its distribution-logistics center and has included Olsztyn as one of the potential locations for the investment. To sweeten the deal, Olsztyn has promised the French company a 2.5 (zł.10.2) million real-estate tax exemption while the government offered a CIT reduction of up to 30 (zł.122.9) million. The center, if located in Poland, would create 500 new jobs with an additional 1,500 jobs for subcontractors.
The investment, should it be located in Poland, would create 2002 jobs. Hankook Tire Manufacturing is one of the top 10 tire manufacturers in the world and French tire giant Michelin owns a 10 percent stake in the company.
Meanwhile, Michelin itself is looking for a location for its distribution-logistics center and has included Olsztyn as one of the potential locations for the investment. To sweeten the deal, Olsztyn has promised the French company a 2.5 (zł.10.2) million real-estate tax exemption while the government offered a CIT reduction of up to 30 (zł.122.9) million. The center, if located in Poland, would create 500 new jobs with an additional 1,500 jobs for subcontractors.
