Company/Organisation:
Nokian Tyres
Geographic Location
Country:
Czechia
Region:
Zlinsky; Stredni Morava
Location of affected unit(s):
Valaské Meziříčí
Company
Sector:
Manufacturing
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
Employment Effects
Announcement Date:
27-06-2006
Type of Restructuring:
Business expansion
Planned Job Creation:
900
Additional Information
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.
Sources:
27-06-2006Hospodárske noviny