Its net profit climbed to RON13.6 million 2025, compared to just RON481,000 in 2024, and the average number of employees reached 436, versus 144 in 2024.
The construction of the factory in Oradea started in May 2023 and entailed a total investment of EUR650 million. In its first year, the plant manufactured almost one million tires.
The Finnish Group expects the plant in Oradea to reach a production capacity of 5-6 million tires per year in 2027-2028, which means the production facility in Romania would account for nearly half of the company’s global production. The investment at Oradea is the first investment from scratch worth over EUR500 million and carried out in Romania over the last decade. The plant in Oradea is the first zero CO2 emission tire factory.