Amtel-Vredestein to Supply Fiat Albea

Amtel-Vredestein N.V. has signed an agreement to supply Amtel tyres for Fiat Albea cars produced in Russia. The deal, struck with OJSC Severstal-Avto – the sole distributor for Fiat in Russia, will see the company start OE supply in the first quarter of 2008. Volumes are expected to be up to 10,000 tyres per month. The contract to supply tyres to Severstal-Avto has been in preparation for about two years. The main supplier will be the Amtel-Povolzhye tyre complex in Kirov. Amtel tyres have passed certificate tests at the Balocco testing area, in Italy, and numerous audit tests by Severstal-Avto and Fiat specialists at the company’s plant in Kirov.

“We are proud to cooperate with such a dynamically developing company as Severstal-Avto. Year after year, Amtel-Vredestein has been extending its client list with international and local car manufacturers,” said Amtel-Vredestein CEO Petr Zolotarev. “This agreement is one more proof of the international quality of Amtel tyres.”