Region: Zlinsky; Stredni Morava
Location of affected unit(s): Valaské Meziříčí
Manufacture of rubber and plastics products, and other non-metallic mineral products
22.11 - Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
Announcement Date: 27-06-2006
Type of Restructuring: Business expansion
Planned Job Creation: 900
Nokian Tyres, the largest tyre manufacturer in the Nordic countries, intends to build a new plant near the city Valaské Meziříčí with a total investment of 300 million euro. The plant with the production capacity of 8 million tyres a year will generate 900 new jobs. However, this huge foreign investment is under threat because of citizen protests. The final decision should be made by the end of September 2006.