Conti Not Involved in Nizhnekamskshina ‘Investment or Construction’

Following earlier reports that Continental AG is considering producing some of its truck tyres in cooperation with Nizhnekamskshina, a spokesperson for Continental’s truck tyre division explained that the company is: “…not involved in either the construction or investment.” Continental’s representatives refuted rumours that the German manufacturer will establish its own manufacture of light commercial vehicle tyres in Russia after the subsequent close of its Hannover-Stöcken production site in Germany. “We are – as we have said – already providing technology and know-how. The decision as to whether tyres will be manufactured for us there is completely open. If we choose to produce there, it will be to secure a share in the growth of the Russian and CIS markets. We do not intend to produce for other markets,” he continued. The company made it clear that the Continental “technology” delivered to Nizhnekamsk will not be the used production equipment from the Stöcken plant.

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