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Niznekamskshina Looks to Global Cooperation

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Management company Tatneft-Neftekhim’s CEO Zagit Sharafeev announced that European tyre makers Michelin, Pirelli and Nokian have expressed their intention to invest 30 million euros in the expansion of agricultural machinery tyre production at Nizhnekamskshina. The investment will be in the form of technology transfers and equipment supplies. “In our view, Nizhnekamskshina should benefit from the cooperation with the global tyre majors,” Russian CentreInvest analysts reported. cja

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