TIRE
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Tire Maker Michelin Romania Revenue Rises 6% To RON5.687B In 2024
Michelin Romania, part of the French Michelin group, one of the world's largest tire manufacturers, posted RON5.687 billion (EUR1.143 billion) revenue in 2024, up approximately 6% from the previous year’s RON5.365 billion (EUR1.084 billion), according to ZF ca...
Nokian Tyres Considers Investment in Plant in Romania
Finnish-held Nokian Tyres, one of the largest tire makers in the world, whose products only go to the aftermarket and not to carmakers’ plants, is considering a new plant in Romania.
Tire Maker Michelin Doubles Profit to RON29M in 2021
Michelin Romania, part of the French Michelin Group, one of the world's largest tire manufacturers, posted more than RON4.21 billion (EUR856.3 million) revenue in 2021, up 32.4% from the pre...
Tire Maker Michelin Revenue Shrinks 9% in Romania in 2020
Michelin Romania, part of France’s Michelin group, one of the largest tire markers in the world, posted RON3.18 billion (EUR660.3 million) revenue in 2020, a decline of more than 9% from the...
Michelin Exports 90% of Floresti Plant Tire Production
French-held Michelin group manufactures about 13,000 tires at its Floresti (Prahova County) plant every day, according to estimates, which would translate into a 3.2 milion tire annual volum...
Michelin: Car Tire Market up 65% in Four Years
Sales of tires will continue to increase this year; as Romanians are buying more and more new and used cars, the market of tires for them will stand to gain, tire maker Michelin believes.
Michelin Expects Tire Sales To Rise By At Least 5% In 2018
Tire manufacturer Michelin expects sales of tires to continue to grow this year, as well, at a rate of at least 5%. As Romanians buy newer cars, tire makers will be delivering bigger tires,...
Romania's Car Tire Market Expected To Reach EUR250M This Year
The car tire market (small cars to pick up trucks and all-wheel drive vehicles) is constantly increasing, a trend that will be visible throughout 2015 and confirms Romania’s economic growth...
Goodyear: Tire Sales Set To Rebound In Romania, Driven By Exports
The tire industry in Romania is picking up this year, after a 30% decline in 2013, driven by exports to the Western Europe, a market that is doing well now, says Jacek Pryzcek, general manag...