Japanese tyre maker Yokohama Rubber has acquired a former tyre manufacturing facility in Romania for US$35 million to expand production capacity for off-the-road (OTR) tyres in Europe.
The purchase of the plant in Drobeta-Turnu Severin through subsidiary Yokohama TWS Romania S.R.L. includes The sale includes 38 industrial and administrative buildings, production halls, as well as equipment and tyre manufacturing installations for manufacturing tyres used in mining and construction equipment, the company said.
The factory, built in the 1970s/1980s, was put up for sale by the judicial liquidator of Euro Tyres Manufacturing SRL, which went bankrupt at the end of January 2025 after nearly seven years of insolvency.
The 200,000 sq m facility in Romania’s Mehedin?i County will manufacture tyres for mining and construction machinery, sectors experiencing robust demand globally.
The acquisition represents the latest move in Yokohama’s expansion following its purchase of Goodyear Tire & Rubber Co’s OTR business, under its medium-term management plan running through 2026.
Yokohama’s strategic push into OTR tyres comes as the company looks to diversify beyond passenger car tyres and capitalise on infrastructure development and mining activity worldwide. The Romanian plant acquisition follows a broader industry trend of Asian tyre manufacturers expanding their European footprint to serve local markets more effectively.