[Edaily Reporter Kim Hyung-wook ] KUMHOTIRECO.,INC has promoted three executives in charge of its European operations to senior management positions after the division achieved its highest-ever quarterly sales.
KUMHOTIRECO.,INC announced on the 16th that it had promoted a total of six employees to executive positions, including four senior vice presidents and two research fellows.
Three executives—Shin Woong-cheol, head of the German subsidiary; Jeong Gang-jae, head of the Eastern Europe Sales Division and the Kazakhstan subsidiary; and Cho Min-soo, head of the European Business Management Division—were promoted to senior managing director in this round of promotions.
With KUMHOTIRECO.,INC recording its highest-ever quarterly sales in Europe (420.9 billion won) in the second quarter of this year, the company is seen as placing greater emphasis on its European business by promoting a large number of local sales and management executives.
KUMHOTIRECO.,INC is moving forward with plans to build a new plant in Opole, Poland, with an annual production capacity of 6 million tires, targeting operations to begin in 2028. This will be the company’s first production base in Europe.
In addition, Lee Gap-bae, head of the G. Manufacturing Technology Division, was promoted to Senior Managing Director. Furthermore, Senior Managers Jeong Gyeong-mun and Jang Min-young were each promoted to Research Fellow.