Nexen Tyre Corporation was founded in 1942. Nexen enjoys excellent reputation in the tyre industry. It stroke a partnership with the Japanses OHTSU Tyre in order to produce high quality tyre. Nexen succesfully sold high performance SUV tyres. The manufacturer owns a pattent for rubber/stratified silicate nano-composite tires. The company employs 2000 people all over the world and its annual turnover adds up to 600 million dollars.