Vredestein Tyres Claim Sales Growth

The European Rubber Journal has reported that Dutch tyre manufacturer, Vredestein Tyres BV, made a total of 305.6 million euros (£206.8 million) in sales during 2003. In addition Vredestein made “earnings” of 18.6 million euros (£12.6 million) from tyres. The journal also reported that Vredestein Tyres BV has 2103 employees.
The company’s press office has not been able to answer doubts that these figures only refer to the tyre division. Vredestein has said it is unclear where The European Rubber Journal obtained its information, as the fact that the company is not listed on the stock exchange means it no longer publishes any business figures.
The reason for all the secrecy is also unclear and the fact that the company refuses to confirm or deny whether the year has been successful suggests there is a reason for its silence.