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Home News EU Romania

EU OKs €99.5M Aid for Nokian Tyres’ Zero CO2 Factory

Newsroom by Newsroom
August 13, 2024
in Romania
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The European Commission has approved, under EU State aid rules, a €99.5 million (RON 495.2 million) Romanian measure in favour of Nokian Tyres. The aid will support the establishment of a new zero carbon dioxide emission factory for passenger car tyres in Oradea. The measure will contribute to the EU’s strategic objectives relating to job creation, regional development, and to the green transition of the regional economy.

The Romanian measure

Romania notified the Commission of its plan to support Nokian Tyres in the establishment of a new zero carbon dioxide emission tyre factory in…



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