Tyre giants scramble to Invest in Russia - report
ERJ staff report (DS)
Beijing / Moscow - Yokohama, Nokian, Pirelli, Continental, Michelin and Bridgestone are all investing in new tyre-building in Russia, according to a report from the CRIA website.
The report adds that Triangle Group is negotiating with authorities in Nizhny Novgorod to build a car tyre plant in the region, and may extend the operation to truck tyres.
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News story from CRIA (Chinese language)
Above story auto-translated (from Chinese language)