Russian-Georgian conflict in Russia after the tire industry status quo
Russia replacement tire market, the market value of about 1.3 billion euros in 2013 is expected to be increased to 26 billion euros. One high-tire market, according to sales account for about 60% of the shares, Bridgestone holds 14% share, Michelin, the mainland, respectively, occupy 13% of Goodyear's market share.
In recent years, Russian car market blowout-style development has attracted many well-known overseas investment tire supplier, but also to invest and build factories in Russia to avoid paying the 20% import tariffs. Bridgestone, Goodyear, and other world-renowned enterprises have set up factories in Russia or to the whole enterprise of foreign suppliers, Pirelli and Russia have set up a joint venture technology companies, joint investment 250,000,000 euros in Russia to operate the factory. Michelin has been in the vicinity of Moscow in 2004 opened a factory in Omsk mainland in 2007 to establish the first joint venture factory, and plans to expand operations throughout the country.
In 2005, in St. Petersburg plant on the outskirts of Nokian Renkaat company has experienced more than two years of profits and market share doubled after the last stop for the time being into the state - on August 7 after the conflict between Russia and Georgia, sales decreased plant 13%. Enterprises made matters worse, oil prices hit 28% of the Russian economy and the consumer confidence index is down, these incidents occur one after another, making more investments in Russia's automobile tire business in a state of dilemma, they have adopted a cautious attitude.
Russia replacement tire market, the market value of about 1.3 billion euros in 2013 is expected to be increased to 26 billion euros. One high-tire market, according to sales account for about 60% of the shares, Bridgestone holds 14% share, Michelin, the mainland, respectively, occupy 13% of Goodyear's market share.
In recent years, Russian car market blowout-style development has attracted many well-known overseas investment tire supplier, but also to invest and build factories in Russia to avoid paying the 20% import tariffs. Bridgestone, Goodyear, and other world-renowned enterprises have set up factories in Russia or to the whole enterprise of foreign suppliers, Pirelli and Russia have set up a joint venture technology companies, joint investment 250,000,000 euros in Russia to operate the factory. Michelin has been in the vicinity of Moscow in 2004 opened a factory in Omsk mainland in 2007 to establish the first joint venture factory, and plans to expand operations throughout the country.
In 2005, in St. Petersburg plant on the outskirts of Nokian Renkaat company has experienced more than two years of profits and market share doubled after the last stop for the time being into the state - on August 7 after the conflict between Russia and Georgia, sales decreased plant 13%. Enterprises made matters worse, oil prices hit 28% of the Russian economy and the consumer confidence index is down, these incidents occur one after another, making more investments in Russia's automobile tire business in a state of dilemma, they have adopted a cautious attitude.
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