Nexen investing US$800 million in new Czech Republic tyre factory

Nexen Nošovice Nexen has confirmed that the company will build a new factory in Nošovic, Czech Republic. The proximity of the neighbouring Hyundai car plant (pictured) is unlikely to be a coincidence.

After weeks of speculation South Korean tyre manufacturer Nexen Tire has confirmed that it is investing US$800 million in the construction of a new tyre factory in the city of Nošovice, in the east of the Czech Republic.

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