Hungarian road named ”SK Road,” SK On becomes a driving force for local economy - South Korean media

On the 12th (local time), SK On, a major battery manufacturer, announced that the approximately 1.8 km road leading from the entrance of the Ivanca Industrial Park in Hungary to the entrance of its factory had been opened as a "SK
The new expressway, which connects Budapest with the southern part of the country, is named SK-Route (SK Route). The SK Route is linked to the M6 highway, which connects Budapest with the southern part of the country.
Ivanca Mayor Molnar Dibor said, "SK On, the city's largest company, is a
"SK On is not only a leading player in the economic and industrial sectors of the city, but also in the Dunaujváros region. We look forward to continuing to build strong ties with the company."
The Ivanča plant is Hungary's third largest power plant, after Komarom 1 (annual production capacity of 7.5 gigawatt-hours) and Komarom 2 (annual production capacity of 10 gigawatt-hours).
The investment was decided in January 2021, construction will begin in the July-September period of the same year, and operations will begin in the April-June period of 2024.
The Ivancha plant is performing well, with its yield reaching over 90% in just three months of operation.
The company plans to increase annual production to 30 gigawatt hours in the future, expanding its battery production capacity in Europe to 47.5 gigawatt hours, the largest in the region.
Kim Se-jin, president of SK On's European subsidiary, said, "We are honored to see the birth of 'SK Road', which is based on the trust of the local community."