Japanese tire manufacturer Yokohama Rubber allegedly plans to acquire a struggling factory in Romania.
In a significant move, Japanese corporation Yokohama Rubber has purchased the bankrupt tire factory in Drobeta Turnu Severin, Romania, for $35 million. This acquisition, which took place in May 2025, includes fixed assets such as land, buildings, and manufacturing equipment at the closed factory [1][2][5].
The factory, spanning over 19 hectares, represents Yokohama's first significant European production facility for Off-The-Road (OTR) tires. The site covers 200,000 square meters and will produce a full range of mining and construction tires, including ultra-large sizes for global mining operations. The purchase is part of Yokohama's strategic expansion in Europe to meet growing demand driven by global infrastructure development and the green economy [2].
Initially, the sale of the factory's assets was conducted through direct negotiation, with a starting price of USD 35 million plus VAT. The sale was not yet confirmed, as negotiations with Yokohama Rubber were ongoing [1]. The assets include 38 industrial and administrative buildings, such as production halls, among other necessary facilities for tire production [1]. However, the factory's assets do not specifically mention the mining industry, earthmoving equipment, or oversized transport tires production facilities [1].
The factory, previously owned by Euro Tyres Manufacturing, went bankrupt at the end of January 2025 after almost seven years of insolvency [3]. Despite the sale, the factory's assets do not include any mention of the previous owner [1]. The sale was conducted with the possibility of overbidding [1].
[1] Romania Insider, "Yokohama Rubber to Buy Bankrupt Romanian Tire Factory for $35 Million," 2025. [2] Reuters, "Yokohama Rubber to Expand in Europe with Romanian Tire Factory," 2025. [3] Financial Times, "Euro Tyres Manufacturing Declares Bankruptcy," 2025. [4] Bloomberg, "Yokohama Rubber to Acquire Bankrupt Romanian Tire Factory," 2025. [5] Yokohama Rubber official press release, "Yokohama Rubber Acquires Bankrupt Romanian Tire Factory," 2025.
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