Vredestein Archives - Page 21 of 37 - Tyrepress

Posts

Pirelli to Buy Russian Plant ‘Next Year’

Pirelli & C SpA and state-run Russian Technologies will reportedly buy an existing tyre plant in Russia “next year.” Speculation continues as to exactly which plant Pirelli is interested in. However, Pirelli group chairman Marco Tronchetti-Provera’s earlier remarks that the plant is “relatively new” suggest it is likely to be an ex-Amtel-Vredestein site, with Voroznezh and Kirov leading the running.

Quoting a joint statement published today (3 December 2009), the two companies confirmed that their joint venture will also build a new plant in the Samara region of Russia for production of tyres and metal cord. As has been previously been reported, the new 300 million euro ($453.4 million) plant is expected to have an annual capacity of 4 million units within five years and employ 1,500 people.

3rd December 2009/by Tyrepress Editors

TyreSafe Achieves International Recognition with Road Safety Award

TyreSafe has been internationally recognised for its ongoing contribution to motoring security. Friday’s steering committee meeting was punctuated by the lunchtime presentation of the Prince Michael International Safety Award: Recognising achievement and innovations which will improve road safety. Vredestein managing director and chairman of TyreSafe, Stuart Jackson declared himself, on behalf of the whole organisation, “ecstatic about the award”, saying that it represents an “accreditation of what we believe in”, as an organisation that cuts across company divisions.

23rd November 2009/by Tyrepress Editors

Pirelli Plans to Buy as Well as Build in Russia

During Pirelli’s third quarter conference call on November 5, company chairman Marco Tronchetti Provera confirmed plans to establish two factories in Russia. The first of these is to be acquired, the second a previously announced joint venture greenfield facility.

20th November 2009/by Tyrepress Editors

Vredestein Grows Flotation Trac Range

Vredestein’s states that its recently introduced Flotation Trac implement radial is well suited to work on arable land, grassland and for transportation. This all-round range has now expanded through the addition of a fifth size.

17th November 2009/by Tyrepress Editors

Apollo Tyres Sees Profit Hike in July-September, Predicts Big Things for 2010

After witnessing a substantial jump in profits from the quarter ending 30 September 2009, Indian tyre manufacturer Apollo has suggested that more is to come in 2010. The company told Indian business news sources that it will be aiming for 50 per cent higher revenues for its financial year (ending March 2010) thanks to the effect of its new-ish European subsidiary, Vredestein Banden, which the company acquired on 15 May.

27th October 2009/by Tyrepress Editors

VTS Introduces Vredestein 640/700SR13

Those of you fortunate to have an example of the classic 1950s Mercedes 180 or 190 in SL or saloon guise tucked away in your garage now have a new tyre at hand for your baby. Hampshire based Vintage Tyre Supplies now stocks the new 640/700SR13 Vredestein Classic Tyre, a radial featuring a raised curbing rib and suitable for speeds of up to 113 mph (180kmph).

14th October 2009/by Tyrepress Editors

EDIWheel eBusiness Standard Comes to the UK

In the five years Tyres & Accessories/Tyrepress.com has been publishing a dedicated e-Commerce feature, one of the most common themes has been the real need for an integrated approach to selling tyres online. Now this need is being answered with the introduction of the EDIWheel eBusiness standard into the UK, linking and automating the whole approach from stock availability through to invoicing.

The online tyre market is estimated to occupy a 4 per cent market share across Europe, however, the true potential for eBusiness in the UK tyre industry is yet to be fully realised for two main reasons. Firstly the amount of ordering websites that are not integrated with the dealer’s order processing systems or processes. And secondly, the absence of an agreed industry wide eBusiness standard for core business processes such as ordering and invoicing.

According to the group of collaborating tyre manufacturers involved, these issues are being addressed by key members of the tyre industry with EDIWheel (Electronic Data Interchange Wheel – wheel representing the distribution cycle and not a physical wheel) eBusiness standard which enables the automation of stock availability checking, ordering, order confirmation, dispatch advice and invoicing. Specifically, a forum hosted by TIF about EDIWheel for tyre manufacturers, software developers, dealers and wholesalers has been scheduled for mid-November.

2nd October 2009/by Tyrepress Editors

Auto Express Publishes Annual Top Tyre Sellers Test

This week’s Auto Express contains the results of the automotive weekly’s annual product test for 12 of the United Kingdom’s top-selling tyres. With less than 2 percentage points separating the top seven products in the overall rankings, it is fair to say that standards were high when tests were carried out at Continental’s Uvalde, Texas testing facility, but it was Conti’s PremiumContact 2 (speed rated H) and Goodyear’s OptiGrip (V) that led the way in first and second place. However, Auto Express mentions several times throughout the article, which appears on pages 39-48 of the 9-15 September, 2009 issue, that each tyre had its strengths in different categories, presenting percentage-based rankings for each category.

9th September 2009/by Tyrepress Editors

Apollo Tyres Outlines Global Top 10 Ambitions

Apollo chairman, Onkar S Kanwar is not one to avoid big statements when it comes to talking up Apollo Tyre’s ambitions. The Gurgaon-based company is currently estimated to be worth Rs 4,985-crore (£627 million) and is in an expansion mode. While the firm already has a presence in Europe and Africa, it seems it is continuing to look for acquisitions outside India as a route to increasing its presence in the global market.

7th September 2009/by Tyrepress Editors

Amtel Drops the Vredestein Name

Amtel-Vredestein N.V. formally changed its name to Amtel N.V. at an Extraordinary General Meeting held in Enschede yesterday (2 September), freeing the newly re-merged Apollo-Vredestein from its previous associations with the Russian company. The execution of the deed of amendment through which the actual name change will take place as well as corresponding changes to the company’s website, corporate materials etc. will reportedly take place “as soon as possible.” The meeting also agreed proposals to dismiss Petr Zolotarev and Vadim Pesochinsky from the executive board and to appoint Alexander Fayn as sole member of the board. According to a statement detailing the meeting, Fayn gave a broad outline of the company’s restructuring plan.

3rd September 2009/by Tyrepress Editors

Vredestein Rolls Out 25-Series Winter Tyre in US

Vredestein has become the first tyre-maker to offer a 25-series winter tyre for people who want to drive their high-performance car in the winter time.

2nd September 2009/by Tyrepress Editors

Update on Amtel Bankruptcy to be Given at EGM

Amtel-Vredestein N.V. has given notice that it will hold its Extraordinary General Meeting of Shareholders on September 2 at the Sheraton Amsterdam Airport Hotel and Conference Centre. The agenda for the EGM will, amongst other things, include the company’s 2008 financial statements and an update on Amtel’s financial affairs and bankruptcy. ABH Financial Limited’s restructuring […]

19th August 2009/by Tyrepress Editors

New Apollo Factory to Produce Vredestein Brand Tyres

International News

The factory Apollo Tyres is building in India’s Chennai state will most likely produce Vredestein branded passenger car tyres. According to the Hindu Business Line, production of premium Vredestein tyres at the soon to be completed Oragadam plant will be supplemented by Apollo branded UHP tyres. These will be marketed in Europe from next January onwards.

17th August 2009/by Tyrepress Editors

Former Vredestein UK MD Stellinga Now with Conti

Career Tracks, International News, Product News

Former Vredestein (UK) Ltd managing director Bert Stellinga has held the position of business unit director for Continental Banden Groep B.V. in the Netherlands since 1 February.

6th July 2009/by Tyrepress Editors

Apollo to Launch Full Range into Europe in 6-12 Months

Despite the fact that the Apollo/Vredestein takeover contracts were signed just a month before Tyres & Accessories visited Enschede, the integration process is said to be already well underway. What’s new is the announcement that in less than a year a full range of Apollo tyres will be launched into the European market. The newly merged Apollo Vredestein will be responsible for sales and marketing of all group brands in Europe. Of course when it comes to making major changes to the Apollo brand strategy this will have to be done in consultation with Delhi, but to all intents and purposes Vredestein will be masters of their own and Apollo's destiny within the bounds of the continent of Europe and the USA. In return Apollo will take the lead when it comes to selling Vredestein-branded tyres into the new Asian market territory the recent combination of the two companies brings.

2nd July 2009/by Tyrepress Editors