The new owner of the former Bridgestone factory in Ulyanovsk, Russia intends to resume tyre manufacturing at the site this year and wants to “reach significant production volumes” in 2025. According to the Ulyanovsk Region Development Corporation, S8 Capital has a first-stage goal of 2 million tyres per annum, which it will subsequently increase to 2.4 million tyres, the plant’s pre-acquisition output. The Ulyanovsk plant has a design capacity of 4.2 million tyres a year.