# Nokian Tyres breaks ground on zero CO2 tire factory in Oradea, Romania

Nokian Tyres broke ground on a new passenger car tire factory in Oradea, Romania, with a total investment of approximately EUR 650 million. The factory will have an annual capacity of 6 million tires and is scheduled to start commercial production in 2025.

- Type: New facility
- Announced: 2023-05-11
- Where: Oradea, Romania
- Value: $715.0M (650.0M EUR)
- Starts operating: 2025
- Status: under construction
- Capacity: 6 million tires per year
- Products: passenger car tires, SUV tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nokian Tyres](https://endata.com/companies/24022.md)

## Sources

- [company.nokiantyres.com](https://company.nokiantyres.com/news-and-media/news-article/nokian-tyres-celebrates-the-groundbreaking-of-its-new-tire-factory-in-romania-the-first-zero-co2-emission-factory-in-the-tire-industry/), 2023-05-11: "The greenfield factory is being built in the North-West of Romania in the city of Oradea, an important regional and European hub of many transport routes."
- [autotechinsight.ihsmarkit.com](https://autotechinsight.ihsmarkit.com/news/5270674/nokian-tyres-breaks-ground-on-new-passenger-car-tire-factory-in-romania), 2023-05-16: "Nokian Tyres broke ground for the company’s new passenger-car tire factory in Oradea, Romania."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.