KOREA (SOUTH)/SPAIN: Hankook Tire signs MoU with Spanish company for research

Hankook is building a technical office in Spain, and the MoU relates to joint research on tire performance.

In 1997, Hankook established its Europe Technical Center in Germany.

The company expects the new 669-square-meter (7,200-square-foot) office and tire center to become a hub for Hankook's global expansion.

Source: "Korea JoongAng Daily", Seoul; 8 Aug 2014
(Syed Rashid Ali, Karachi, Pakistan)