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Nokian Tyres gets EUR 150 million loan from EIB for zero-emissions plant in Romania

August 1, 2024

Finland-based Nokian Tyres has received a EUR 150 million loan from the European Investment Bank (EIB) for the construction of a plant in the northwestern Romanian city of Oradea.

The plant, described as "the world's first plant for producing passenger car tyres without emitting carbon dioxide (CO2)," is due to be completed in 2027 and will lead to around 500 full-time jobs.

The facility will be around 100,000 sqm and rely on energy from zero CO2 sources, including locally...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/nokian-eib-loan-oradea-aug-2024
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