The company had a profit of RON112.4 million, up 14% on the year, and had an average number of 4,250 employees, 376 more than in 2018.

Michelin has three production facilities in Romania – a metallic cord factory and a truck tire factory in Zalau, and a car tire factory in Floresti, Prahova county.

The local tire production is dominated by global players Continental, Michelin and Pirelli.