Nokian Tyres Will Not Build CZK 9 billion Czech Plant

Nokian Tyres has decided not to build a 9 billion Czech korona (£216 million) vehicle tyre production plant in Valasske Mezirici, vice-president Raimo Mansikkaoja said in response to a letter from local mayor Jiri Castecka. The Lesna industrial zone near Valasske Mezirici was one of a number of European locations that the Finnish company was considering for the plant that would have employed 900 people.