South Korean tire company, Hankook Tire, Hankook Masters opens first outlet in Indonesia, Surabaya, East Java, on Thursday (12/27/2012). This opening is Hankook Tire's expansion into the tire market in Indonesia, which will further expand its coverage by opening another 30 stores Hankook Masters in Indonesia until 2013. Whereas until 2016, planned to reach 100 outlets HM pieces.
Hankook Tire also plans to widen the wings HM the Asean-India region. "We have invested 1.1 billion U.S. dollars in the construction of a factory in Cikarang (West Java) to be completed in 2018," said Jae Bum Park, Vice President of the ASEAN-India Sales & Marketing Team Hankook Tire.
As one of the largest city, Surabaya tire sales grew 20 percent over the previous year. Surabaya has business potential tire remarkable consistency as evidenced by the relatively high tire sales annually.
Based on data from Surabaya Automotive Exhibition 2012, total sales during the exhibition reached USD 147.5 billion, up 40 percent over the previous year.
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