Amtel to make 1 million Vredestein-brand tyres in Kirov in 2006

Moscow — Amtel Holdings has announced plans for the integration of the Enschede-Netherlands-based Vredestein brand and factory with its own tyre manufacturing operations in Russia. Part of that integration is a new name, Amtel-Vredestein and a new financial structure.

Amtel intends to import some 30 000 Vredestein-brand tyres from the Enschede factory and to make a further 15 000 Vredestein tyres at its factory in Kirov during 2005. In 2006 this will increase to 200 000 imports and 1 million manufactured in Russia.

The company said…

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