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SRT of Russia of annex of AVNV of Holand tire company creats Russian market " th

From;  Author:Stand originally
Amtel-VredesteinN.V of Holand tire company. (AVNV of the following abbreviation) held on August 29 a series of resolution are passed on shareholder plenary meeting temporarily, include to buy tire company Sibur-RussianTyres from inside Russia SIBURHolding hand among them (SRT of the following abbreviation) already issued a share entirely. New established company will appear on the market afresh.

Holand AVNV is the manufacturer of passenger car tyre with Russia the biggest market, there all is manufacturing base in Holand, Russia. According to the announcement that publishs on shareholder plenary meeting, russia tire market will make after two companies are amalgamative " the old " (basis 2007 market data) .

Will multiplying in Russia after two companies are amalgamative go up with tyre market hold 24% markets share, 65% share are held on market of light card tire, the share of 40 is held on lorry tire market, the share of 36% is held on OTR tire market; And also will become one of companies of before the world 10 big tire.