Hankook expands R&D in Europe
Hankook Tire Co. Ltd.’s says its subsidiary Hankook Tire Europe continues to expand its research and development efforts.
The company’s German-based Europe Technical Centre (ETC) recently inaugurated its new facilities in Hannover. Hankook’s European R&D center focuses on the development of tire solutions for the European markets as well as OE, according to the requirements of leading European car manufacturers.
The expansion reflects the growing importance of Hankook’s OE supplies in Europe and will further strengthen the company’s footprint in the European tire market.
Founded in 1997, the Hankook ETC has seen steady growth in the past 15 years, expanding manpower and development capacities from an original staff of five to currently 45 engineers and tire specialists.
“The new location and additional capacities of our Europe Technical Centre are in line with the continuous growth Hankook sees in Europe,” explains Stefan Fischer, head of ETC at Hankook Tire. “The steadily increasing numbers of development projects for the European original equipment and replacement market ask for a corresponding expansion of development capacities.”