Russian tyre maker sees '09 sales of $2 bln -paper

Newswire

MOSCOW, Aug 26 (Reuters) - The unified company to be created by the merger of Russian petrochemical firm Sibur and tyre maker Amtel-Vredestein could generate sales of over $2 billion in 2009, an executive was quoted on Tuesday as saying. Russian business daily Kommersant quoted Vadim Gurinov, general director of Sibur-Russian Tyres, as saying he expected the new firm to post earnings before interest, taxation, depreciation and amortisation (EBITDA) of $200 million in 2009. Sibur-Russian ...

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