Michelin owns three plants in Romania – two in Zalau that make metal wire and truck and equipment tires and one in Floresti, which makes only car tires under the Kleber and BT Goodrich brands.
Starting 2018, Bucharest has become a coordination center for the Central Europe area.
The company for 2020 reported turnover worth RON3.18 billion (EUR660.3 million), down by over 9% year-on-year. Michelin Romania’s 2020 net profit hit RON64.6 million (EUR13.4 million), down by 42.5% from the previous year.
(English version by Catalina Apostoiu)