Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Chinese company to build tyre casing plant in Bashkiria
31.07.2012 16:30
Chinese company to build tyre casing plant in Bashkiria

One of the largest tyre producer in China, Triangle Group, has decided upon its tyre plant location in Russia. The plant which will produce 4-6 million tyres a year will be placed in Bashkiria. The project will get 250 million euro investments.

Bashkiria will grant Triangle Group some tax benefits. So the company will be exempted from property tax for ten years. It will get pretty benefits in profit and land taxes.

In 2011 Triangle Group sold 366 thousand tyres in Russia. In the first quarter 2012 the sales result has become 180 thousand tyres, what has let the company to have 3.3% of truck tyre market and 0.98% of motor car tyre market.




Author: Irina Fomina

Tags: Russian business     

Next Previous

You might also find interesting:

Lost Decade Of Russia
Sberbank Signed Cooperation Agreements With Governments Of Yaroslavl Region And Yamalo-Nenets Autonomous District
Federal Supervision Agency For Information Technologies And Communications Hires a Hacker
Companies From Belarus Will Visit Neftegaz 2017
National Oil and Gas Forum Was a Success

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Nikolay Tsiskaridze  the Altai Mountains  Kirov Region  Tourist infrastructure  Eric Bulatov  Architecture of Russia  Internet memes  Eliseevsky Shop  Russian history  Russian tourism  Russian fashion  Russian cars  Archeology  Nikolay Feofilaktov  Ufa  Republic of Karelia  Moscow  Mariinsky theatre  Boris Grigoriev  Moscow Museums  Exhibitions in Moscow  Nikolay Gogol  Russian hockey  Vladimir Clavijo-Telepnev  Russian businessman  Russian business  Russian scientists  Mercedes-Benz Fashion Week Russia  Russian Cinema  Barrows  National University of Science and Technology MISiS  Russian Literature  Ethnic Culture  Oksana Akinshina  biology  Elections 2012  Russian Railways  Nizhny Novgorod  Russian Rock Music  Installations  Russia-USA  Kerch Strait  flight  Painting  Anonymous hacker group  Golden Mask  Afghan  Contemporary Arts  Russian Orthodox Church  astronomy 

Travel Blogs
Top Traveling Sites