Brief: European Commission Approved EUR 99.5 Mln Romanian State Aid Measure To Support Nokian Tyres' New Zero Co2 Emission Tire Factory In Romania

Nokian Renkaat Oyj

13/08/2024 20:02

Aug 13 (Reuters) - Nokian Tyres plc  TYRES.HE :
    * THE EUROPEAN COMMISSION HAS APPROVED EUR 99.5 MILLION
ROMANIAN
STATE AID MEASURE TO SUPPORT NOKIAN TYRES' NEW ZERO CO2 EMISSION
TIRE FACTORY IN ROMANIA
    * NOKIAN TYRES PLC - TOTAL INVESTMENT IN ROMANIAN FACTORY IS
WORTH
EUR 650 MILLION
    * NOKIAN TYRES PLC - FIRST TIRE WAS PRODUCED ON 1 JULY 2024,
AND
COMMERCIAL PRODUCTION WILL START EARLY 2025

Source text for Eikon:  ID:nWkr9b0K6r 
Further company coverage:  TYRES.HE 

 ((Reuters.Briefs@thomsonreuters.com;))