MOSCOW (June 19)—Goodyear is evaluating a number of options in Russia to expand its business there and throughout the former Soviet Union. The company met recently with representatives of Amtel Holdings Co., which owns controlling interest in one Ukrainian and three Russian tire plants, to discuss an off-take production arrangement. Goodyear already has an off-take agreement with JSC Jaroslavl Tire for the production of Medeo winter tires for Russia, and has expanded its Moscow sales office steadily the past few years, a spokesman said. Amtel claims to control more than a third of Russia's tire production via ownership stakes in tire plants in Kirov, Krasnoyarsk and Voronezh. It also is linked to Rosava in Ukraine.
Goodyear mulls boosting business in Russia
Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].