Nokian Tyres hosted the grand opening of its passenger car tire factory in Oradea (north-western Romania), the company announced in a press statement on Thursday (Sept 19).
Andreas STIHL Power Tools SRL, the local subsidiary of Andreas STIHL AG&Co. KG. of Germany, has invested more than EUR21 million so far and created around 40 jobs at its new plant in the Eurobusiness I Industrial Park in Oradea.
Deloitte Romania and Reff & Associates | Deloitte Legal assisted Nokian Tyres, the Finnish developer and manufacturer of premium tires, in obtaining the EUR99.5 million (RON495.2 million) state aid in the form of a direct grant that will support the establishment of the world's first zero CO2 emission tire factory, located in Oradea, Bihor County.