Bridgestone to build first Russian tire plant

ERJ staff report (BC)

Tokyo – In a joint venture with Mitsubishi, Bridgestone Corporation is to build a radial car tire plant in the Zavolzhye Industrial Zone in the Ulyanovsk region of Russia (about 900 km east-southeast of Moscow).

The new facility will be Bridgestone’s first plant in the Russia/CIS region.

Bridgestone will own 90% of the equity in the plant’s operating company, with Mitsubishi holding the remainder.

Investment in the project will total around ¥37.5 billion (RUB 12.5 billion, €304m). The plant is scheduled to begin operating in…

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