Cordiant to establish 200 own-brand tyre centres by 2015
JSC Cordiant – the tyre maker formerly known as Sibur-Russian Tyres – says it intends to launch a network of franchised tyre centres under the Cordiant name. The first three centres, in Novocheboksarsk, Orenburg, and Krasnodar opened in April/May and a further six projects are expected to get underway by the end of June. The company intends for thirty Cordiant centres to open by the end of this year and more than 200 by 2015. Cordiant says it is investing at least 250 million roubles (£4.8 million) in the project.