European Commission approves Nexen Tire investment in Czech Republic

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Investments

Plant expected to start operation in 2018

The European Commission (EC) has approved a regional investment aid of EUR116.8 million (USD129.6 million) extended by Czech Republic to Nexen Tire for setting up a tire plant in the country, the executive body of the European Union (EU) said in a press release last week (23 July).

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