Conti to commence Russian PCR manufacture in Q4 2013
Continental has confirmed news first reported last year on its intention to erect a new factory in Russia. Alexander Lührs, head of media and press relations for the German manufacturer’s Passenger & Light Truck Tires division, told Tyres & Accessories that approximately 200 million euros will be invested in a greenfield plant initially capable of producing four million passenger car tyres a year. Production is expected to begin in the fourth quarter of 2013, Lührs added.