ERJ staff report (DS)
Zlin, Czech Republic -- CGS Tyres has announced price increases averaging 10 percent across all products and markets. Prices increased in April in the United States, EastEurope and Russia and will affect West European markets in May.
CGS Tyres specialises in producing agricultural and industrial tyres.
The company blamed the move on higher raw material prices.
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Press release from CGS Tires