Amtel Tells of Vredestein Plans in Russia

(Akron/Tire Review) As part of its introduction of the Vredestein brand to the Russian tyre market, Amtel-Vredestein Holding said that it would import some 30,000 Vredestein brand tyres from The Netherlands and produce another 15,000 Vredestein tyres at its plant in Kirovsk, Russia.

Next year, Amtel-Vredestein will import 200,000 tyres and produce about one million Vredestein branded tyres in Russia, the company said. Amtel has been reorganised as Amtel-Vredestein, 37 per cent of which is owned by Amtel Holdings Holland and 63 per cent by Amtel Exports, a wholly-owned subsidiary of Amtel Holdings Holland.