Galaxy Takes Control Of Rumaguma

Galaxy Tire & Wheel has acquired a controlling interest in Rumaguma, the Serbian manufacturer of agricultural and off-road tyres. Rumaguma began producing tyres in 1982 and currently exports more than 75 per cent of production, with the largest customer being Continental. Currently Rumaguma is operating at 65 per cent of capacity and the excess capacity will be used to manufacture Galaxy and Constellation products.