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Oct 30, 2008

Romania tire production will be increased year by year

According to the "Romania 2005-2009 export strategy" to figures released in 2004, Romania tires of its entire industrial output, accounting for 0.75 percent of industrial output value, accounting for the petrochemical industry's share of GDP is about 3.5 percent; tire exports that year exports accounted for Romania 0.85% of the total, accounting for Chemical industrial products of export share of nearly 6%. It is estimated that in 2009, the average annual tire production will increase by 3.5% -4%.
During 2002-2004, Romania tire exports increased by 100.4 percent, in 2004 the export volume to 11,540,000, per capita, about 0.5 per person than the Czech Republic, Hungary and Slovenia, two low-level, slightly higher In Bulgaria.
Romania imports of tires in 2004 than in 2003 dropped by 40.5 percent and imports by the amount of 185,000,000 euros fell to 112,000,000 euros.
At present, engaged in the tire manufacturing industry are 6 large-scale enterprises, more than 6,000 employees, of which about 99 percent of tire production and exports by private enterprises realized.

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