New Tires Manufacturing Plant to Be Operational in Czech Republic in 2017

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29 May 2014 09:55 Valerie Rose

CHEMMONITOR.COM - South Korea tire manufacturer Nexen Tire Co. is apt to launch a production facility in the Czech Republic. The company is planning to expand its business in the European market and to provide European car makers with original equipment tires. Nexen Tire Co. is predicted to sign an agreement with the Czech government in June 2014.

The projected plant of Nexen Tire will be located in Nosovice. The future plant is assessed at KRW 400 billion.

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