Thus, the Finnish tire producer is bringing the first funds for the Oradea project, a plant set to manufacture 6 million tires annually and for which works started this spring.

“We are carrying out an over EUR650 million investment in Oradea and these funds are related to the investment,” specified Nokian Tyres representatives.

The Oradea plant will be the first investment from scratch with a value topping EUR500 million in the past decade.

(English version by Catalina Apostoiu)