05 October 1995

Romanian-US joint venture for retreaded tyres (BBC)

The Romanian SC Tofan Grup SA and the US concern Bandag have inaugurated Romania's first retreaded tyre manufacturing plant, the Romanian news agency Rompres reported on 2nd October.

The plant, which is the first of six, retreads tyres with pre-cured tapes for four-wheeled cars and trucks. The six units will be able to restore annually some 250,000 used tyres. Another contract is expected to be signed soon for the opening of the second unit in Iasi.

BBC Monitoring Service: Central Europe & Balkans