LONDON – In the words of a Western banker in Moscow, "suddenly everyone wants to get in on the act with Russian tires." Forecasts call for the three major foreign tire manufacturers in Russia – Nokian Tyres plc, Continental AG and Michelin Group – to produce nearly 6 million tires annually by 2006. Russian buyers demanding better-quality tires. Although that’s not much compared with total Russian production of 38 million tires in 2003, some highly significant factors remain at work. ...
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