Amtel-Vredestein starts tyre production at Moscow Tyre Plant

Moscow - Amtel-Vredestein NV has announced that it had started producing its Amtel brand tyres at its recently-purchased Moscow Tyre Plant (MTP).

The production of MTP's own Taganka tyre brand, however, has been suspended.

The Russo-Dutch tyre maker revealed its intent to take over the 60-year-old plant on 26 July and expects to formalise the acquisition by the end of the year.

Amtel-Vredestein said after announcing the takeover that it aimed to bring the facility to full capacity of 2.2 million tyres per year, from the current 30 percent, immediately.

“I applaud our team's ability to quickly adapt the production output at the facility to meet extraordinary demand for high performance Amtel tyres in Russia,” Amtel-Vredestein chief executive Alexei Gurin said.

The tyre maker also announced that it had shut down the rubber mixing facility at the plant to reduce the environmental impact of tyre production on Russia's capital.

Amtel-Vredestein plans to ship rubber compound from its existing facility in Voronezh, Russia.