Moscow Tyre Plant Elects New BOD

According to a company report, the shareholders of the MShZ (Moscow Tyre Plant) elected a new board of directors at the manufacturer’s annual meeting on June 28. The Moscow Tyre Plant, which is owned by Amtel-Vredestein, has a share capital of 343.2 million roubles (£6.6 million). Amtel-Vredestein announced its intention to acquire the Moscow Tyre Plant last July, and in September commenced the production of tyres under the Amtel brand name.