Amtel is sole holder of Voronezh Tire and Amtel-Siberia Tire Complex

Amtel Holding has become a sole owner of Voronezh Tire Plant and Amtel-Siberia Tire Complex. According to Amtel, it bought out a 25 per cent state-run stake in Voronezh Plant and purchased a similar stake in Amtel-Sibiria from the minor holders to take 100 per cent stock capital of both plants. Amtel has been consolidating assets since 2002.

The target is to set up a single public company. Today Amtel owns 89 per cent of the Kirov Tire Works, 100 per cent of Khimvolokno Amtel-Kuzbass and 100 per cent of the carbon black plant at the Volgograd Works. .