Continental Kaluga factory will export tyres to Europe and Asia

Continental Kaluga factory will export tyres to Europe and Asia

RusAutoNews.Com – According to Interfax, Continental AG affiliate Continental Kaluga factory will start exporting tyres to several European and Asian countries, within the forthcoming months. Factory director general Georgiy Rotov has said: “Under the current economic conditions -the instability of the Russian tyre market and favourable exchange rates for exports- tyre production in Russia in order to export becomes a feasible option for our company.”

Turkey is amongst the export targets of Continental from Kaluga, alongside Belgium, Spain, Portugal, Italy, UK and Poland. The company makes production in Kaluga, under the brand names of Continental, Gislaved and Matador.

As reported by Interfax, the factory currently exports products to Ukraine, Belarus, Germany and France. The factory also exports studded winter tyres, the production of which started in March, to Scandinavian countries.

The company has stated that the export markets are seen as a resort to compensate for the losses due to the shrinkage in the Russian market. As predicted by Continental, the aforementioned shrinkage tendency will continue until next year and 2013 sales figures will only be caught in 2020.