Facts and Figures
According to Modern Tire Dealer, Hankook's new tire sales for 2007 were $3.5 billion, a 20.7 percent Year-over-Year increase from 2006 ($2.9 billion) "Hankook" means "Korea" in Korean.
These are quoted from Hankook's European website.
- Sales: US$ 1,620 million /(approx. € 1,286 million)
- Export portion: US$ 700 million /(approx. € 556 million)
- Earnings before taxes: Won 101,5 million /(approx. € 96 million)
- Employees worldwide: 4,422 permanent staff
- Market presence: At present, Hankook tires are available in over 170 countries.
- Production locations:
- Geumsan, South Korea
- Daejeon, South Korea
- Jiangju, China
- Jianxing, China
- Dunaújváros, Hungary (started production in 2007)
- Bekasi, West Java, Indonesia ($353m plant is under construction)
Through sales in more than 180 countries around the world, Hankook Tire is ranked seventh in global sales revenue.
The company has more than 14,000 employees in four regional headquarters, more than 20 overseas subsidiaries and five research and development centers around the world, and makes 70 percent of its revenue through overseas markets.
Read more about this topic: Hankook Tire
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