Nokian Tyres breaks ground on new passenger car tire factory in Romania
May 23, 2023
A ground-breaking ceremony has been held at Nokian Tyres’ upcoming, zero CO2 emission factory in Oradea, Romania. The total investment for the site is estimated to be approximately €650m (US$709.5m). Upon completion, the facility will have an annual capacity of six million tires with the potential to increase this number if required.
The factory will produce mainly larger rim size passenger and SUV tires that will mostly be sold in Central Europe. In addition to a production area, the facility will house distribution and storage areas. The site is expected to cover approximately 100,000m2.
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