Nokian Tyres: Czech Republic for New Plant

Nokian Tyres is considering building a new plant in Lesna near Valasske Mezirici in the Czech Repbublic. The new plant will have the capacity to produce 8 million tyres per year, according to the AFX news agency report. The report cited documents submitted to the EIA (Environmental Impact Assessment) process, which described Lesna as “one of the possibilities for the location of this plant in the region of central Europe.”

Should Nokian Tyres decide to build the plant, the CIA agency reported construction would begin during the fourth quarter, with production expected in December 2007. This report added that the company plans its first test operation of the plant in January 2008, a launch of the first half of production in December 2009, and then full production in December 2012. The plant will likely employ 937 people, CIA added.