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You are here: Home1 / Czech Republic

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Jury finds Goodyear guilty of misappropriating trade secrets

Company News, International News

On 19 September 2022, Goodyear Tire & Rubber Co was found guilty of misappropriating five of 12 alleged trade secrets relating to self-inflating tyres in a case brought by Czech company Coda Development SRO. As a result of the jury’s verdict, Coda was awarded a total of $64 million.

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Related news:

  1. Goodyear relocating Latin America HQ to Akron
  2. Goodyear’s Malaysian tyre plant under investigation
  3. No tyre making comeback for Goodyear’s home town
  4. Competition Commission tyre price fixing hearing underway in South Africa
21st September 2022/by Chris

Nexen Tire signs 2-year SK Slavia Praha sponsorship deal

International News

Nexen Tire has begun sponsoring SK Slavia Praha (Prague) Football Club for the 2021/22 season. The two-year partnership kicked-off during the Club’s first home league match on 7 August. Throughout the deal, Nexen Tire’s brand will be visible at the Eden Arena, home of SK Slavia Praha.

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Related news:

  1. Nexen Tire becomes Man City and the EPL’s first ever sleeve sponsor
  2. Nexen aiming for Global Top 10 by 2025
  3. Football: Kumho Tyre partners with FK Mladá Boleslav
  4. Tomket Tires sponsors SK Dynamo
17th September 2021/by Chris

Trelleborg divesting Czech technical rubber business

Company News

Trelleborg Group has signed an agreement to divest a technical rubber products operation. It is selling the company, which has its main business located in Nachod, Czech Republic, to Kaprain, a Czech investment group.

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Related news:

  1. Despite ‘timid growth’, Trelleborg reports record profit in Q2
  2. Tyre business results flat at Trelleborg despite lower organic sales
  3. Agri OE business drags down Trelleborg’s organic tyre sales in 2015
  4. Trelleborg: £35 million in Mitas synergies
3rd August 2021/by Stephen

Vipal Rubber: 15 years of operations in Eastern Europe

International News, Retreading

This year, retreading materials manufacturer Vipal Rubber is celebrating what it views as an important milestone – 15 years of operations in Eastern Europe. Vipal’s activities within this region began with the opening of a distribution centre in Slovenia in 2006, and today it supplies treads and other retreading products to approximately 50 customers there and in the Czech Republic, Slovakia, Poland as well as to markets in the Balkan and Baltic regions.

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Related news:

  1. Vipal: Optimism returning to Europe’s retreading sector
  2. Vipal expands online training opportunities
  3. Kraiburg share pro-retread stance at Czech customer workshop
  4. Vipal congratulates Croatia’s Gumiimpex on 50th anniversary
24th June 2021/by Stephen

Nexen Tire, national associations joining ETRMA

Company News

During its Board of Directors meeting on 14 April, the European Tyre and Rubber Manufacturers’ Association welcomed Nexen Tire Europe and the Czech Republic and Slovakia Tyre Producers’ Associations as new members of the Association, as of 2022. With their addition, the ETRMA will represent 15 global tyre manufacturers and 11 national sector Associations.

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Related news:

  1. ETRMA reconfirms Franco Annunziato as president
  2. Tyre industry ‘braces’ for COVID-19 impact, calls for recovery support – ETRMA
  3. ETRMA joins aftermarket coalition to call for access to in-vehicle data
  4. ETRMA: Science & evidence-based choices essential to achieve legislative targets
16th April 2021/by Stephen

First OE tyre supply from Nexen’s Czech plant

Product News

Nexen Tire shares that it began shipping tyres to Hyundai for original equipment fitment on the fourth-generation Tucson in January. Hyundai Tucson models sold in the Middle East, Africa, and Latin America wear the Nexen N’Fera Primus in sizes 215/65R17, 235/55R18, and 235/50R19. This deal represents the first occasion that Nexen’s European manufacturing plant in the Czech Republic has supplied OE tyres.

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Related news:

  1. Nexen Tire expanding in Europe – milestones reached
  2. Further VW, Seat OE approvals for Nexen
  3. Hyundai breaks six million car sales mark in Europe
  4. Nexen Tire inaugurates European plant
25th February 2021/by Stephen

Tomket Tires sponsors SK Dynamo

Company News, International News
Dynamo; Tomket Tires

One of the biggest football clubs in the Czech Republic, SK Dynamo České Budějovice, has named Tomket Tires as its back of shirt partner. The latest investment comes shortly after Tomket Tires announced its partnership with another leading Czech team, FC Zbrojovka Brno. The two Czech football sponsorship moves see Tomket Tires return to the company’s historic roots by sponsoring teams at the forefront of Czech football in the same manner as it does other teams in the top five leagues in global football.

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Related news:

  1. VfB Stuttgart also sponsored by Tomket Tires
  2. Tomket Tires sponsors FC Zbrojovka Brno
  3. Lassa Tyres sponsors all indoor FC Barcelona teams
  4. French football league takes on BKT name
1st February 2021/by Chris

Nexen Tire expanding in Europe – milestones reached

Company News
NRZ/Arno Borchers

Much has changed at Nexen Tire of late, a phenomenon particularly noticeable within the South Korean tyre maker’s European operation. In the past two years, the company has set up a new production facility in the Czech Republic and a European headquarters in Germany as part of its ‘Global Nexen’ strategy. This expansion is occurring parallel to similar growth in Korea and the USA.

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Related news:

  1. 3 more years: Nexen Tire extends Eintracht Frankfurt sponsorship
  2. Nexen confirms Czech Republic factory details
  3. Nexen set to begin trial production at new Czech tyre plant
  4. Nexen Tire inaugurates European plant
27th August 2020/by Arno Borchers

Magna Tyres opens Czech Republic office

Company News, International News
Magna Tyres

Magna Tyres Group has opened a sales office in the Czech Republic. It said the move has been in response to demand for the Magna range of OTR ad specialist tyres in Eastern Europe. It added that it has been encouraged by “unutilised market potential in this region.” The region was previously serviced by its Polish office.

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Related news:

  1. Magna supplying heavy-duty OTR tyres around the world
  2. Magna Tyres Group opens USA office
  3. Magna Tyres doubles OTR tyre capacity in Netherlands plant
  4. Capacity to double at Magna Tyres’ Netherlands plant – again
3rd August 2020/by Andrew

Football: Kumho Tyre partners with FK Mladá Boleslav

Company News, International News

Fans of Czech First League club FK Mladá Boleslav will see a lot more of Kumho Tyre in future. As exclusive tyre partner for the coming three years, Kumho Tyre gains a logo presence on the back of players’ shirts and the front of their shorts during all First League and cup matches as well as on digital signage along the length of the playing field. The sponsorship arrangement also covers hospitality options and a presence within the club’s media activities.

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Related news:

  1. Kumho partners with German football club Bayer 04 Leverkusen
  2. Kumho Tire extends Tottenham Hotspur sponsorship
  3. Football: Kumho Tire’s Schalke 04 sponsorship extended
  4. Kumho signs two-year Tottenham Hotspur deal
28th October 2019/by Stephen

Nexen Tire inaugurates European plant

Company News

An official opening ceremony is being held today for Nexen Tire’s new tyre factory in Žatec, Czech Republic. Numerous dignitaries have attended the event, including Petr Očko, the country’s Deputy Minister of Industry and Trade, Travis Kang, Nexen Tire’s global chief executive officer, and Byung-Joong Kang, the company’s chairman.

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Related news:

  1. European Commission approves Nexen Tire investment
  2. Nexen distances itself from Czech Republic plant rumours
  3. Czech government approves Nexen investment plan
  4. Nexen Tire opens central R&D facility
28th August 2019/by Stephen

Nexen set to begin trial production at new Czech tyre plant

Company News, International News

Nexen Tire Europe is due to begin trial production at its new facility in Zatec, the Czech Republic. The news marks the virtual completion of the project that started in October 2015.

Read more

Related news:

  1. Nexen appoints Seung-Do Jin as new European president
  2. Nexen Tire signs Czech plant deal, ups investment to $1.17 billion
  3. Nexen gearing up for greater European presence
  4. Nexen confirms Czech Republic factory details
17th April 2019/by Chris

VÚK acquisition to benefit Continental’s tyre assembly machinery business

Company News

Tyre maker and technology company Continental has acquired a 100 per cent shareholding in Czech machine tool manufacturer VÚK. The purchase of VÚK strengthens its presence in the city of Otrokovice, Czech Republic, site of the company’s largest tyre manufacturing facility worldwide. Continental says it intends to leverage VÚK’s strengths to drive forward its development and production of technologically advanced tyre assembly machinery.

Read more

Related news:

  1. Continental opens rebuilt truck tyre production hall in Otrokovice
  2. Continental integrating Emitec into Powertrain division
  3. Will a tyre major acquire ATG?
  4. Continental: Hoosier Racing Tire acquisition cost €126 million
10th July 2018/by Stephen

Hexpol buys Trelleborg’s Czech compounding unit for 65 million euros

Company News, International News

Hexpol has today acquired 100 per cent of Trelleborg Material & Mixing Lesina s.r.o from the Trelleborg Group. The divested operation develops, produces and supplies polymer compounds. The majority of its sales are to external customers and a minor share to a small number of Trelleborg facilities in Europe.

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Related news:

  1. Hexpol buys Valley Processing for $44 million
  2. Hexpol buys 80% of Mesgo for 168 million euros
  3. Hexpol buys Preferred Compounding for $232 million
  4. Hexpol buys Berwin Group for £25 million
31st March 2017/by Tyrepress Editors

Continental opens rebuilt truck tyre production hall in Otrokovice

Company News

A ceremony was held last week to officially inaugurate the newly-rebuilt truck tyre production hall at Continental’s manufacturing facility in Otrokovice, Czech Republic. The inauguration marks the completion of a three-year project that involved a CZK 4.4 billion (£146.4 million) investment and has led to the creation of 130 new jobs. The project has seen the Otrokovice site, which previously served the European, Middle East and African markets, additionally develop into a production hub for markets in America and the Asia Pacific region.

Read more

Related news:

  1. VÚK acquisition to benefit Continental’s tyre assembly machinery business
  2. New sizes join Barum 200 R truck tyre range
  3. Conti Kicks Off World Cup Contest
  4. Conti360° Fleet Services integrated Ivybridge location
17th October 2016/by Tyrepress Editors
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