Yokohama Rubber might produce tires in Romania

Newsroom 19/09/2007 | 16:41

The value of the investment has not been established but the vice-president of the local city council on economic matters, Marian Dinulescu, said the tire producer could invest between EUR 40 and 100 million in the local facility production. Company officials will have a new meeting with local representatives to settle all the details of the investment, Dinulescu added.
The GM of Yokohama Rubber, Fumiro Nishi, announced that the tire maker was seeking a site close to Bucharest that offers easy road and rail access plus the added bonus of transportation via waterways. This would be the company's first production unit in Europe. In Japan Yokohama Rubber owns seven production units.
Dinulescu also said the company has been looking for available locations for its plant in four other European countries.
If the company decides to choose Romania for its investment, Yokohama Rubber will join three other international tire producers on the market which already have production facilities here. Michelin, Continental and Pirelli have already invested hundreds of million euros in their Romanian production.

Roxana Mihul

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue