Sibur - Russian Tyres - Nizhnekamsk deal given go-ahead
ERJ staff report (DS)
Moscow -- The Foreign Investment Commission of the Russian Federation has given preliminary approval for a joint management of the tyre factories owned by Sibur - Russian Tyres and Nizhnekamskshina.
In a Russian-language statement on the Sibur-Russian Tyres website, the company says the tyre factories at Nizhnekamskshina, OAO Yaroslavl Tire Plant, Saransk Plant Rezinotechnika, LLC Uralshina will come under a single management.
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Press release from Sibur - Russian Tyres
Above Press release Auto-translated into English from Russian
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