You are here: / Romania

Posts

Nokian Tyres breaks ground on Romania factory

,
Valokuvaaja/Nokian Tyres

Nokian Tyres has initiated work on its Oradea, Romania passenger car tyre factory, billed as the tyre industry’s first zero CO2 emission plant. An event marking the groundbreaking was attended by the Prime Minister of Romania, Nicolae Ciucă. The President of the Bihor County Council, Ilie Bolojan, and other high-level Romanian and Finnish officials also participated along with the chair of Nokian Tyres’s board of directors Jukka Hienonen. The first tyres are estimated to be produced in the second half of 2024. Commercial tyre production is expected to start in early 2025.

Read more

Related news:

  1. Nokian Tyres Confirms Kazakhstan Negotiations
  2. Serbia open for business
  3. MRF to increase tyre production capacity – reports
  4. Nokian Tyres: “substantial uncertainties” relating to timing of Tatneft deal closure
/by

Nokian Tyres’s Romania plant breaking ground in May 2023, 2-3 offtake deals to fill production gap

,

Nokian Tyres’s well-publicised exit from Russia has left it with a similarly well-reported production gap that continues to impact the company’s ongoing business. Speaking as part of the company’s first quarter 2023 results presentation, Nokian Tyres executives emphasised that “new capacity is our #1 priority” and shared further details of how they are planning to fill the firm’s production gap. We already knew that Nokian plans to expand its existing factories in Nokia, Finland and Dayton, USA as well as build a new factory in Romania and make off-take contracts with third-party manufacturers, what’s new is the detail and time frames associated with “building the new Nokian Tyres”.

Read more

Related news:

  1. Nokian Tyres: “substantial uncertainties” relating to timing of Tatneft deal closure
  2. Is Nokian Tyres a takeover target?
  3. Nokian Tyres exits Chinese market
  4. Nokian Tyres staying in Russia
/by

Is Nokian Tyres a takeover target?

,
Nokian Tyres

How the Russia-Ukraine war, the company’s low share price and other challenges make Nokian Tyres prime takeover material for a premium brand with the money and desire

Read more

Related news:

  1. Nokian Tyres: “substantial uncertainties” relating to timing of Tatneft deal closure
  2. Nokian Tyres investing 650 million euros in greenfield factory in Romania
  3. Solidium: Nokian Tyres Romania plans offer ‘good prospects for building the business on a new basis’
  4. Sentury internationalising with US tyre factory investment
/by

Nokian Tyres: Romania contributing 99.55 million euros to factory project

,

The government of Romania has approved state aid of almost 100 million euros to Nokian Tyres PLC. The tyre maker intends to establish a new factory in Oradea, and the ad hoc regional state aid will finance the costs related to the factory’s establishment and address the financing gap related to this greenfield investment.

Read more

Related news:

  1. Nokian Tyres’ US plant on track for 2020 start
  2. Commercial production starts at Nokian Tyres’ USA plant
  3. Nokian Tyres investing 650 million euros in greenfield factory in Romania
  4. Nokian Tyres: “substantial uncertainties” relating to timing of Tatneft deal closure
/by

Nokian Tyres: “substantial uncertainties” relating to timing of Tatneft deal closure

,

At the end of June, Nokian Tyres announced that it was executing a “controlled exit” from Russia. By August Russian news sources were reporting that Nokian was accepting “binding offers” for its Russian tyre plant up until the end of September. At the end of October, Nokian confirmed that it had agreed terms with Tatneft to sell its Russian tyre operations for roughly 400 million euros. More than a month later, Nokian Tyres spokespeople are speaking of “substantial uncertainties” relating to the Tatneft deal.

Read more

Related news:

  1. Nokian moves selected tyre production out of Russia
  2. Nokian tyres implements Ukraine contingency plans, donates to UNICEF
  3. Nokian Tyres investing 650 million euros in greenfield factory in Romania
  4. Nokian Tyres staying in Russia
/by

Nokian Tyres investing 650 million euros in greenfield factory in Romania

,
Michel Bossart; Pixabay

Nokian Tyres’ is investing around 650 million euros in a new passenger car tyre factory in Romania. The new greenfield factory will be located in Oradea in the North-West of Romania, near the Hungarian border. The annual capacity of the factory will be 6 million tyres, with expansion potential for the future. According to an official statement, the site will also house a distribution facility for storage and distribution of tyres. Construction is scheduled to begin in early 2023 and the first tyres are estimated to be produced in the second half of 2024. Commercial tyre production is expected to start in early 2025.

Read more

Related news:

  1. Nokian to invest $360 million in new US tyre factory
  2. Nokian moves selected tyre production out of Russia
  3. Ukraine war continues putting tyre production under pressure
  4. Nokian sells its Russian tyre operation to Tatneft for 400 million euros
/by

Pirelli CEO wins Romanian Order of “Industrial and Commercial Merit”

, ,
Pirelli

The executive vice chairman and CEO of the Pirelli Group, Marco Tronchetti Provera, was recently named as a Commander of the Romanian order of “Industrial and Commercial Merit” in appreciation of his “important contribution to the strengthening of the bilateral relationship” between Romania and Italy.

Read more

Related news:

  1. 50% production capacity boost for Pirelli’s tyre plant in Romania
  2. ChemChina chairman against Pirelli job cuts, pro Italian re-listing
  3. Tronchetti proposes Angelos Papadimitriou as general manager, co-CEO
  4. Tyre Industry Awards 2015: Winners
/by

Romanian car tyre retreader Radburg prospering in adversity

, , ,
Radburg

Founded in roughly 1994 as a casing collection company which focused on imports, Radburg is now one of the leading retreaders in Europe and certainly the biggest car tyre retreader in Eastern Europe and Romania. What’s different about Radburg compared with most of the other retreaders across the continent, is that the majority of Radburg’s annual retreaded tyre output (70 per cent) is made up of passenger car products.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Radburg Center buys Kingpin tyre brand and retread production line
  2. Michelin European distribution centre launch ‘Dawning of a new era’ in Stoke
  3. New European Tyre Label set for May 2021 introduction
  4. Autopromotec: Changing Europe makes cooperation more important
/by

Radburg Center buys Kingpin tyre brand and retread production line

, ,
Radburg Center

Kingpin Tyres, one of the last remaining passenger car tyre retreaders in the UK, has sold its Kingpin brand name and retread production line to Romanian retreader SC Radburg Center Srl. The transaction took place during the summer of 2020 following several months of negotiations, representatives of new owners Radburg told Tyres & Accessories during a recent interview.

Read more

Related news:

  1. Romanian car tyre retreader Radburg prospering in adversity
  2. Dunlop Aircraft Tyres confirms sale talks
  3. Retreader Seryt Tyres reports growth in a time of consolidation and attrition
  4. Hexpol buys 80% of Mesgo for 168 million euros
/by

Autodata targets Romania

,
Autodata

Autodata has launched a version of its e-commerce website in the Romanian language. Autodata is an e-commerce technical solution for body shops around the world. In addition to the platform, it is also available as an API, and provides comprehensive Original Equipment (OE) sourced technical information for the service, maintenance, diagnostics, and repair of 90 per cent of vehicles on the road in Romania.

Read more

Related news:

  1. Autodata confirms acquisition of Autodata Oy Nordic
  2. European Independent Automotive Data Publishers Association ADPA established
  3. Michelin Tire Care [strategy] launched
  4. Autodata offers aftermarket data embedding options
/by

Pirelli suspends production at Romanian plant

Pirelli is suspending activity at its plant in Slatina Romania on 23-31 March. The plant, which produces car and motorsport tyres, has around 4,000 employees.

Read more

Related news:

  1. Pirelli ‘willing to help’ with UK ventilator production
  2. Goodyear suspends European tyre production in response to Covid-19
  3. Sumitomo Rubber Industries temporarily shuts South Africa tyre plant
  4. Pirelli UK tyre production restarts from 18 May
/by

Continental appoints Bernabé to head Romanian tyre plant

Carlos Bernabé has returned to Continental’s tyre factory in Timișoara, Romania to take on the role of plant manager. The four-decade Continental veteran officially began in this position on 1 February after managing the company’s tyre plant in Alor Setar Malaysia for three years; prior to his sojourn in Malaysia, he worked at the Timișoara plant as production manager.

Read more

Related news:

  1. Continental invests to take the pong out of tyre production
  2. Continental recruiting 1,500 new employees in Romania
  3. Love thy neighbour: Continental to further cut odours at Romania tyre plant
  4. Continental acquires site adjacent to Romania tyre plant
/by

Vipal Rubber VT110 tread approved in Romania

,

Global retreading supplier Vipal Rubber’s VT110 tread has been approved in Romania following trials conducted by fleet operator Senidav Trans SRL. The Eastern European fleet company carried out performance tests using retreaded tyres with the VT110, recording favourable results against a competitor brand. Measurements were recorded by Vipal’s Moldovan partner, Tehno Profil, after 260,000km on Romanian roads, which present adverse track conditions, with mountains, slopes, snow, and other problems.

Read more

Related news:

  1. Vipal launches new DV-RT4 tread
  2. Vipal Launches New Ruzi Treads
  3. Vipal Launches VRT1 Tread
  4. Michelin launches traction retread in USA
/by

ITMA welcomes first Eastern European member, Acces Auto-Trading

,

Acces Auto-Trading has become the latest company to join the International Tyre Manufacturers’ Association (ITMA) and the first from Eastern Europe.

Read more

Related news:

  1. Pirelli Reports ‘Surge’ in Post-Recession Truck Tyre Demand
  2. Truck tyre tariffs to cause shortages
  3. Tariff fightback? What importers and associations are doing in response to European anti-Chinese truck tyre duties
  4. 2018 UK truck tyre market data overview
/by

Pirelli expands Romania factory and warehousing

Pirelli has commissioned Belgian industrial property developer WDP to construct a new 62,000 square metre warehouse alongside the tyre manufacturer’s existing Slatina, Romania manufacturing operation. According to WDP, the news comes as part of “an expansion of the tyre manufacturer’s existing production facility”. WDP predicts that the project will cost around 40 million euros.

Read more

Related news:

  1. Pirelli Slatina factory extension to make car tyre plant its biggest
  2. Pirelli to invest 105 million euros in Slatina, Romania plant
  3. Serbia open for business
  4. Pirelli and Hixih move closer together
/by

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.