Japan’s Yokohama Rubber reportedly eyes Romanian ailing factory
.
The factory was, until recently, owned by the company Euro Tyres Manufacturing, which went bankrupt at the end of January 2025 after almost seven years of insolvency.
The company’s assets were put up for sale through direct negotiation with the possibility of overbidding, with the starting price being USD 35 million plus VAT.
The assets on sale include the land of over 19 hectares and a number of 38 industrial and administrative buildings, including production halls, plus tire manufacturing equipment and facilities.
iulian@romania-insider.com
(Photo source:
)
Share this content:
Post Comment