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.

      

 


Sources: http://www.rbcdaily.ru 

Author: Irina Fomina

Tags: Russian business     

Next Previous


You might also find interesting:

"Natsimbio - the Only Supplier of Medicines Created on the Basis of Blood Plasma for the State
16.04.2018
Small and Medium-sized Enterprises of Priority Economic Sectors will be Additionally Subsidised
14.05.2018
Burger King Issued Voppercoin
31.08.2017
Sberbank Asset Management Launched Mobile Application
22.02.2018
MegaFon Launched Commercial Exploitation Of a High-speed LTE Network
23.08.2017







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
TAGS:
Cato Institute  Oboronservis scandal  Painting  summer in St. Petersburg  Krasnodar  Sukharev Tower  Cars  Moscow  Alexander Lebedev  Comedy  stock exchange  Russian art  invest  Russian tourism  event tourism  Chelyabinsk Regional Museum of Local History  Zenit St. Petersburg  Nikolai Kryuchkov  astronomy  Wood Turning  Museums of Izhevsk  Russian history  Exhibitions in Moscow  Actors  Korkino  Alexander Povetkin  Russian media  Russian business  Russian Astronauts  Russian Literature  the Urals region  Tourism Brand  Roman Abramovich  Estonia  Polyot   Mitki  Russian musicians  censorship in Russia  contemporary art  Russian Cinema  Red Square  library  Russian ballet  Archeology  Tver  Michael Mestetsky  Bell Ringing  Photography  Moscow Zoo  Mercedes-Benz Fashion Week Russia 


Travel Blogs
Top Traveling Sites