Amtel-Vredestein says buying Moscow tyre plant

Newswire

MOSCOW, July 26 (Reuters) - Russian-Dutch tyre firm Amtel-Vredestein said on Wednesday it would buy the modernised part of Moscow Tyre Factory and would acquire the rest of the plant by December 2007. "Working at full capacity, Moscow Tyre Factory could bring Amtel $66-82 million a year in added sales," the company said.

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