Connect with us

News

Is Europe Next for South Korea’s Nexen?

Advertisement

A news release from Bulgaria’s Ministry of Economy and Energy suggests that Nexen Tire Co. intends to become the second South Korean tiremaker with a manufacturing presence in the European Union.

Advertisement
Click Here to Read More
Advertisement

The ministry reported that a meeting with a leading tiremaker took place during a visit to South Korea by Bulgaria’s Deputy Minister of Economy and Energy Krasin Dimitrov.

According to the ministry’s release, the tire company is investigating suitable locations within Europe for building a passenger tire factory. The ministry did not name Nexen as the company whose representatives spoke with Dimitrov, however its description of the company in question certainly fits the bill; it said Dimitrov met with a firm that sells some 10 million tires a year in the EU and has a factory in China, offices in Dubai, London and Sydney, distribution centers in Germany and the U.S. and a presence in about 120 countries. (Tyres & Accessories)

Advertisement
Click to comment

POPULAR POSTS

Bridgestone-Firestone-Direct Bridgestone-Firestone-Direct

News

Bridgestone Launches Firestone Direct

The-Group-Technician-Coaching The-Group-Technician-Coaching

News

Auto Care Association Names World Class Tech Recipients

Discount-Tire-Zebra-Technologies Discount-Tire-Zebra-Technologies

News

Discount Tire Techs Using New Mobile Tire Inspection Solution

FRAM-True-Air FRAM-True-Air

News

Fram Releases New TrueAir Cabin Air Filter

Connect
Tire Review Magazine