Nokian Tyre Holds Groundbreaking Ceremony for Its Romania Plant

Nokian Tyre Holds Groundbreaking Ceremony for  Its Romania Plant

Nokian Tyres held the groundbreaking ceremony of its new passenger car tyre plant, the industry’s first zero CO2 emission plant, in Romania. 

The plant is expected to be operational commercially by the beginning of 2025, catering to customers mainly in Central Europe. The first tyres are estimated to be produced in the second half of 2024. 

With a total investment of EUR 650 million, the plant, which will have an annual production capacity of six million tyres, is being built in the North- West of Romania in the city of Oradea, an important regional and European hub of many transport routes.

Nokian Tyres is waiting for the final decision from the EU for its EU funding application for some EUR 100 million, which the Romanian government already approved earlier this year, said the tyre company. 

The factory will concentrate on producing larger rim-size passenger and SUV tyres that will be primarily sold in the Central European market. The site will also house a distribution facility for storage and distribution of tyres. The combined built-up area totals some 100,000 m2.

“This investment is a significant strategic step enabling our future growth and development. A world-class manufacturing facility in Europe is a key step in getting additional capacity and creating a balanced manufacturing platform as we build the new Nokian Tyres,” says Jukka Moisio, President and CEO of Nokian Tyres.

“We are very proud to build the first zero CO2 emission factory in the tyre industry. This means, for instance, that energy used at the factory comes from renewable sources and steam needed for the tyre manufacturing process is generated fully without fossil fuels. Furthermore, the site location in Romania supports the target as we can utilize green energy produced near the site. We are committed to building a sustainable and competitive tyre production facility,” he continues.

“Central Europe is an important market for us, and the investment shows our commitment to the market. The new site will be strategically located close to our customers. After a thorough evaluation of over 40 locations and several factors, such as skilled workforce availability, logistical advantages, and stable business environment, it was clear that Oradea was the best choice for our new factory,” says Adrian Kaczmarczyk, SVP, Supply Operations. 

The new plant is expected to have around 500 employees, including production as well as managerial positions. The recruitment will accelerate in 2024 and continue until the full workforce of the factory has been hired and the factory starts its operations. 

“We will cooperate with the local schools in Oradea to provide the right type of training to our future employees. In the beginning, we will utilize the inhouse knowledge and the experience we obtained when we built our factory in the US. We will bring some 20–25 people from Finland to Oradea to help set-up the factory,” says Adrian Kaczmarczyk, SVP, Supply Operations.

In addition to building a new passenger car tyre factory in Oradea, Nokian Tyres continues to increase capacity at the existing factories in Finland and the US and grow contract manufacturing. As a result, nokian Tyres aims to build a global capacity of 15 million tyres by 2027.

Bridgestone India Presents European Alignment Certificate To ARAI For Rolling Resistance Lab Achievement

Bridgestone India Presents European Alignment Certificate To ARAI For Rolling Resistance Lab Achievement

Bridgestone India has presented the European Alignment Certificate to the Automotive Research Association of India (ARAI), recognising the successful completion of their Rolling Resistance (RR) Lab Alignment. The certificate was presented to Dr Reji Mathai, Director of ARAI, by Rajarshi Moitra, Deputy Managing Director of Bridgestone India, during a ceremony attended by senior leaders from both organisations.

This milestone strengthens the partnership between Bridgestone and ARAI, India’s leading automotive R&D institution for testing and standardisation. Rolling resistance plays a crucial role in enhancing fuel efficiency, aligning with both organisations’ commitment to advancing tyre technology. The certification underscores their shared dedication to fostering innovation, improving testing capabilities and promoting sustainable mobility solutions in India.

Yokohama Rubber Achieves 21-Year Streak On FTSE4Good ESG Index

Yokohama Rubber has been recognised for its sustainability leadership with continued inclusion in three prestigious FTSE Russell ESG indexes. The company marks its 21st consecutive year on the FTSE4Good Index Series, a global benchmark for responsible investing. Additionally, it maintains its ninth straight year on the FTSE Blossom Japan Index and fourth year on the FTSE Blossom Japan Sector Relative Index – both key indicators of Japanese ESG excellence endorsed by Japan's Government Pension Investment Fund (GPIF).

These indexes, developed by London Stock Exchange Group's FTSE Russell, help investors identify companies with strong environmental, social and governance (ESG) performance. Yokohama Rubber's sustained inclusion reflects its long-term commitment to sustainable business practices.

Hankook Tire Supports 2025 Lamborghini Super Trofeo Asia Round 4

The fourth round of the 2025 Lamborghini Super Trofeo Asia Series, a racing competition hosted by Italian supercar brand Automobili Lamborghini S.p.A and powered by Hankook Tire, will take place from 18 to 20 July at INJE SPEEDIUM in Gangwon Province. As the exclusive tyre supplier, Hankook Tire continues to elevate Korean motorsports through its partnership with Lamborghini, showcasing its high-performance Ventus racing tyres on the Huracán Super Trofeo EVO2.

The 3.91-km INJE SPEEDIUM circuit, featuring 19 corners and a 40-metre elevation change, demands exceptional tyre performance under extreme conditions, including high-speed straights and scorching summer temperatures. Hankook’s Ventus tyres are engineered to deliver superior grip, durability and heat resistance, ensuring peak performance in challenging racing environments.

Beyond the races, Hankook will host the ‘Ventus Experience’, inviting European automotive influencers to test the Ventus Super Sports line and explore its advanced R&D facilities.

The 2025 Lamborghini Super Trofeo spans Asia, Europe and North America, with six rounds per series. Top contenders will advance to the Grand Final in Misano, Italy, this November, competing for the season championship.

Vaculug Offers Support To UK Net Zero Initiative

Vaculug Offers Support To UK Net Zero Initiative

Vaculug, Europe’s largest independent tyre retreader, has reached out to the Net Zero All-Party Parliamentary Group (APPG) to offer its expertise in supporting the UK’s transition to net zero. In a formal letter, the company expressed its commitment to advancing sustainable transport solutions through its circular economy approach to tyre retreading.

As a leader in emission reduction, Vaculug highlighted how its retreading process significantly cuts waste and lowers the carbon footprint of commercial fleets. The company believes its scalable, eco-friendly solutions can play a key role in helping the UK meet its climate targets.

Vaculug has invited collaboration with the APPG to demonstrate how retreading supports sustainable transport and contributes to a greener future. The company looks forward to further discussions on how it can assist in the nation’s net zero transition.