tires-generic-blackdonuts

Algeria invests in €250m tire plant

Hanover, Germany – A greenfield tire plant is being built in the eastern Algerian city of Setif with the help of Finnish consulting firm Black Donuts, according to CEO Kai Hauvala.

The plant, which costs about €200-€250 million is financed by “a private consumer products company which is currently active in the electronics segment,” said Hauvala.

Speaking to ERJ during the Tire Technology Expo in Hanover, Germany, the Black Donuts CEO said the plant will, for now, be “small” and will produce passenger car as well as…

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