You are here: / Zatec

Posts

Nexen Tire expanding in Europe – milestones reached

NRZ/Arno Borchers

Much has changed at Nexen Tire of late, a phenomenon particularly noticeable within the South Korean tyre maker’s European operation. In the past two years, the company has set up a new production facility in the Czech Republic and a European headquarters in Germany as part of its ‘Global Nexen’ strategy. This expansion is occurring parallel to similar growth in Korea and the USA.

Read more

Related news:

  1. 3 more years: Nexen Tire extends Eintracht Frankfurt sponsorship
  2. Nexen confirms Czech Republic factory details
  3. Nexen set to begin trial production at new Czech tyre plant
  4. Nexen Tire inaugurates European plant
/by

Nexen confirms Czech Republic factory details

, ,

Nexen Tire has officially confirmed that it is building a new plant in Zatec, Czech Republic with the stated aims of developing its European foothold and expanding its global production base. The company also confirmed that the project will cost 1.2 trillion Korean won, approximately 829 million euros, bringing some clarity to reports that have also suggested a US$1.17 billion pricetag.

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. Nexen gearing up for greater European presence
  2. Nexen investing US$800 million in new Czech Republic tyre factory
  3. Nexen appoints Seung-Do Jin as new European president
  4. Nexen set to begin trial production at new Czech tyre plant
/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.